Stocks and Shares
Q1:
Which is better investment: 11% stock at 143 or 9 |
% stock at 117?
| 9 | 3 | % stock at 117 |
| 4 |
C Both are equally good
D Cannot be compared, as the total amount of investment is not given.
ANS:B -
| 9 | 3 | % stock at 117 |
| 4 |
Let investment in each case be Rs. (143 x 117).
| Income in 1st case = Rs. |  |
11 | x 143 x 117 |  |
= Rs. 1287. |
| 143 |
| Income in 2nd case = Rs. | |
39 | x 143 x 117 | |
= Rs. 1394.25 |
| 4 x 117 |
| Clearly, 9 | 3 | % stock at 117 is better. |
| 4 |
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