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What is B's gain over A if B reinvest amount for half a quarter and reinvest again where A invest for the whole quarter?

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A banks pays interest @ 8 percent p.a on a deposit for half a quarter as well as on the deposit for one quarter. A makes a deposit of 25 lakhs for a quarter. B makes a deposit of 25 lakhs for half a quarter,and after maturity reinvests the entire amount for half a quarter What is B's gain over A?.

posted Jan 8, 2016 by anonymous

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