26.Which amongst the following investments has the lowest return?
I. 7% Rs.100 shares at Rs.120
II. 8% Rs.10 shares at 13.50
III. 9% Rs.50 shares at Rs.54
A. Only I
B. Only II
C. Only III
D. Both I and III
Answer:
7% Rs.100 shares at Rs.120 means that the income earned by investing Rs.120 to buy the share = Rs. 7. 8% Rs.10 shares at Rs.13.50 means that the income earned by investing Rs.13.50 on this share is Rs.0.80.
9% Rs.50 shares at Rs.54 means that the income earned by investing Rs.54 on this stock is Rs.4.50
From the available data we know that is a better investment than
Hence, we need to compare between 7% Rs.100 share at Rs.120 and 8% s.10 share at Rs.13.50
=
|
7
|
=
|
7 x 9
|
=
|
63
|
and
|
8
|
=
|
8 x 8
|
=
|
64
|
120
|
120 x 9
|
1080
|
135
|
135 x 8
|
1080
|
64
|
is a better investment than
|
63
|
1080
|
1080
|
|
