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.
11 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
11 years agoHelpfull: Yes(1) No(1)