10.
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.Which is better investment: 11% stock at 143 or 9 % stock at 117?
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11% stock at 143
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Both are equally good
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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.
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11
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x 143 x 117
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= Rs. 1287.
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143
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Income in 2nd case = Rs.
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39
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x 143 x 117
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= Rs. 1394.25
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4 x 117
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Clearly, 9
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3
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% stock at 117 is better.
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4
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