CSC
Company
Numerical Ability
Stock and Shares
Which is better investment: 11% stock at 143 or 9 3/4% stock at 117?
A. 11% stock at 143
B. 9 3/4% stock at 117
C. Both are equally good
D. Cannot be compared, as the total amount of investment is not given.
Read Solution (Total 2)
-
- Let investment in each case be Rs. (143 x 117).
Income in 1st case = Rs.11 x 143 x 117/143 = Rs. 1287.
Income in 2nd case = Rs.39 x 143 x 117/(4*117) = Rs. 1394.25
Clearly, 9 3/4% stock at 117 is better.
- 12 years agoHelpfull: Yes(8) No(1)
- let investment in each case be rs.(143*117)
Income in 1st case=Rs.(11/143)*(143*117)=Rs.1287
Income in 2nd case=Rs.(39/4*117)*(143)*(117)=Rs.1394.25
clearly, 9 3/4% stock at 117 is better
- 12 years agoHelpfull: Yes(1) No(1)
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