Stocks and Shares - Arithmetic Aptitude Questions and Answers - Discussion

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Discussion :: Stocks and Shares

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

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 1^st case = Rs $[\frac { 11 } {143 } *143*117]$ = Rs. 1287

Income in 2^nd 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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