Can you please add an explanation. I don't know how to solve such problems.
Hello Shivani,
Can you share with us the particular question you're stuck on?
Hello Shivani,
As you can see in the graph, the point where it is labelled as 2014, the interest rate for SBI is 7% while for HDFC it is 8%.
As you can see in the graph, the point where it is labelled as 2014, the interest rate for SBI is 7% while for HDFC it is 8%.
Say you put 6 rs and 7 rs in each, respectively. The ratio of the returns is 6 * 7% / 8 * 8% = 21:32.