Vishwanath
Sunday, February 17, 2013
26.Which amongst the following investments has the lowest return?
I. 7% Rs.100 shares at Rs.120
II. 8% Rs.10 shares at 13.50
III. 9% Rs.50 shares at Rs.54
A. Only I
B. Only II
C. Only III
D. Both I and III
Answer:
7% Rs.100 shares at Rs.120 means that the income earned by investing Rs.120 to buy the share = Rs. 7. 8% Rs.10 shares at Rs.13.50 means that the income earned by investing Rs.13.50 on this share is Rs.0.80.
9% Rs.50 shares at Rs.54 means that the income earned by investing Rs.54 on this stock is Rs.4.50 From the available data we know that is a better investment than Hence, we need to compare between 7% Rs.100 share at Rs.120 and 8% s.10 share at Rs.13.50 = | 7 | = | 7 x 9 | = | 63 | and | 8 | = | 8 x 8 | = | 64 | 120 | 120 x 9 | 1080 | 135 | 135 x 8 | 1080 |
64 | is a better investment than | 63 | 1080 | 1080 |
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Title : Stocks And Shares Q26
Description : 26.Which amongst the following investments has the lowest return? I. 7% Rs.100 shares at Rs.120 II. 8% Rs.10 shares at 13.50...
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