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Question
Which among these is a better investment:
15% at 80 or 12% at 75
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Solution
15 % at 80:
Income on Rs 80= Rs 15
Income on Rs 1 = `15/80 = 0.187`
12 % at 75:
Income on Rs 75 =Rs 12
Income on Rs 1 = `12/75` = 0.16
Therefore, 15 % at 80 is a better investment.
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