Question

Which is the better investment : 12% at ₹ 120 or 8% at ₹90 ? ​

Answer 1

Answer:

Step-by-step explanation:

Income on rs 120 = 12/100*100 = 12

Income on rs 1 = 12/120 = 0.10

Income on rs 90 = 8/100*100 = 8

Income on rs 1 = 8/90 = 0.09

So first investment is better than second investment..

Hope it helps you

Answer 2

SOLUTION:-

For 1st case

Income on ₹120 = 12% of ₹100 = ₹12%

Income on ₹1 = 12/120 =₹0.10

For 2nd case

Income on ₹90 = 8% of 100= ₹8

income on ₹1 = ₹8/90 = ₹0.09

therefore, Frist investment in better.