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Arithmetic Ability
Stocks and Shares

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Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?

A. Both are equally good

B. 9 3/4% stock at 117

C. Cannot be compared, as the total amount of investment is not given

D. 11% stock at 143

View Answer

Correct choice: B

Explanation:

Let investment in each case be Rs. (143 x 117). Income in 1st case = Rs.11/143 x 143 x 117 = Rs. 1287. Income in 2nd case = Rs.39/4×117 x 143 x 117= Rs. 1394.25 Clearly, 9 3/4% stock at 117 is better.

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Arithmetic Ability Stocks and Shares

Arithmetic Ability
Stocks and Shares