Amaresh has Rs. 25000 to invest. He has a choice of investing it FOR A YEAR in one of the following schemes:

Scheme 1: gives a return of 4.9% every six months.

Scheme 2: gives a return of 8.7% every year.

Scheme 3: gives a return of 10 paise for every rupee per year.

Scheme 4: gives a return of Rs. 9.75 per 100 rupees per year.

Which scheme will give Amaresh the best returns?

asked by guest
on Jan 10, 2025 at 2:57 am



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