Join ExamsbookAnswer : 2. "9 3/4% stock at 117"
Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?5
Q: Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?
- 1Both are equally goodfalse
- 29 3/4% stock at 117true
- 3Cannot be compared, as the total amount of investment is not givenfalse
- 411% stock at 143false
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Answer : 2. "9 3/4% stock at 117"
Explanation :
Answer: B) 9 3/4% stock at 117 Explanation: Let investment in each case be Rs. (143 x 117). Income in 1st case = Rs.11143 x 143 x 117 = Rs. 1287.Income in 2nd case = Rs.394×117 x 143 x 117= Rs. 1394.25 Clearly, 9 3/4% stock at 117 is better.