Vishwanath
Saturday, February 16, 2013
10. | .Which is better investment: 11% stock at 143 or 9 % stock at 117? |
| 11% stock at 143 | | | | Both are equally good | | Cannot be compared, as the total amount of investment is not given. |
|
Answer: Option B
Explanation:
Let investment in each case be Rs. (143 x 117).
Income in 1st case = Rs. |
| 11 | x 143 x 117 |
| = Rs. 1287. |
143 |
Income in 2nd case = Rs. |
| 39 | x 143 x 117 |
| = Rs. 1394.25 |
4 x 117 |
Clearly, 9 | 3 | % stock at 117 is better. |
4 |
Title : Stocks And Shares Q10
Description : 10. .Which is better investment: 11% stock at 143 or 9 % stock at 117? A. 11% stock at 143 B. 9 3 % stock at 117 4 C. Both are equally...
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