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Discussion :: Stocks and Shares

  1. Which is better investment: 11% stock at 143  or  9\( \frac { 3 } {4 }\)% stock at 117?

    2. A.

    11% stock at 143
    B.

    9\( \frac { 3 } {4 }\)%stock at 117
    C.

    Both are equally good
    D.

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

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    Answer : Option B

    Explanation :

    Let investment in each case be Rs. (143 x 117).

     

    Income in 1st case = Rs\( [\frac { 11 } {143 } *143*117]\)= Rs. 1287

     

    Income in 2nd case = Rs\( [\frac { 39 } {4*117} *143*117]\)Rs. 1394.25

     

    Clearly, 9\( \frac { 3 } {4 }\)%stock at 117 is better.

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