article 10 oct 2009, page-23

  1. 897 Posts.
    Just in case you aren't pulling my leg-

    What about this:
    You have two bank accounts-

    First bank a/c had $100 in it, you earn $10 interest and have a balance of $110 at the end of the FY.

    Second bank a/c had $100,000 in it, you earned $5,000 interest and have a balance of $105,000 at the end of the FY.

    Dollar wise, one a/c went up by 10 and the other by 5000.

    Which bank a/c performed the best and gave you the best return for your money and which method did you use to calculate the result?
 
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