1.

A man invested ₹ 1000 for 3 years at 11per cent simple interest per annum and ₹1000 at 10 % compounded interest per annum compounded annually for three years. Find which investment is better.

Answer»

A man invested ₹ 1000 for 3 years at 11per cent simple interest per annum and ₹1000 at 10 % compounded interest per annum compounded annually for three years. Find which investment is better.



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