Unit-14 Commercial Mathematics
In this unit you will learn about profit and loss, various taxes, shares and debentures.
Suppose you are offered the following two schemes by the bank. Then in which scheme you would prefer to deposit and why?
i) Rs.10000 deposited for 5 years at 4% per annum, or
ii) Rs.8000 deposited for 6 years at 5% per annum?
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