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1. Which is better investment: 11% stock at 143 or 9% stock at 117?
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By: guest on 01 Jun 2017 05.49 pm
Let investment in each case be Rs. (143 x 117). Income in 1st case = Rs. 11 x 143 x 117 = Rs. 1287. 143 Income in 2nd case = Rs. 39 x 143 x 117 = Rs. 1394.25 4 x 117 Clearly, 9 3 % stock at 117 is better. 4