Quantitative Aptitude :: Stocks and Shares - Discussion
Home > Quantitative Aptitude > Stocks and Shares > MCQs Questions Discussion
10 / 40
Choose the correct option.
Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?
A9 3/4% stock at 117
BCannot be compared, as the total amount of investment is not given
C11% stock at 143
DBoth are equally good
Answer: Option (Login/Signup)
Show Explanation
Asked In ::
STEP-BY-STEP
In such case, take the L.C.M of ( 143, 117 ) = 16731
So, the money invested in each case = Rs. 16731
Now, income in 1st case = Rs. ( 11 x 117 )
= Rs. 1287
Similarly, income in the 2nd case = Rs. ( 143 x 9 3/4 )
= Rs. ( 143 x 39 / 4 )
= Rs. 1394.25
Clearly, 9 3/4% stock at 117 is better investment.
Read Full Answer
Report Error
Please Login First Click Here