Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 3)
3.
Which is better investment: 11% stock at 143 or 9
% stock at 117?
% stock at 117?
Answer: Option
Explanation:
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 |
Discussion:
27 comments Page 2 of 3.
Gaurav said:
1 decade ago
Alternate way in 1st case u get rs 11 on investing rs143.
so for getting 1 rs u have to invest 13 rs
similarly in 2nd case u have to invest 12 rs for getting 1.so second one is profitable.
so for getting 1 rs u have to invest 13 rs
similarly in 2nd case u have to invest 12 rs for getting 1.so second one is profitable.
ANNE said:
8 years ago
As 143 and 117 is not a facevalue, its only market vallue. And we have to calculate the rates on facevalue only, hence in both the cases we take the respective market value.
(1)
Vinay shankar said:
9 years ago
@ALL.
I think the term percent is misleading here.
As percent simply means out of hundred. So in my view, 13% means 13 out of 100 and it is solved for 13 out of 143.
I think the term percent is misleading here.
As percent simply means out of hundred. So in my view, 13% means 13 out of 100 and it is solved for 13 out of 143.
Abhilas said:
7 years ago
There is another efficient way.
For 117 in the first case (11/143)*117=9,
For 117 in the second case 9+(given).
Clearly second wins.
For 117 in the first case (11/143)*117=9,
For 117 in the second case 9+(given).
Clearly second wins.
Vikas said:
1 decade ago
Its 11% at the stock...which means we get rs 11 if we invest rs 100 in it..as percentage is always considered in 100. plz clarify me
Anirudh said:
3 years ago
They have assumed that the face value of both stocks is Rs 100. One more assumption is that only one share has been bought.
Raj said:
7 years ago
11% stock at 143 yields 25.75 (less profit).
9% stock at 117 yields 30.12 (more profit) <= preferable.
9% stock at 117 yields 30.12 (more profit) <= preferable.
Nagarajan. M said:
1 decade ago
Completely i cant understand. Why 11% of stock is being multiplied with 117 why not with 143?
Anusha said:
1 decade ago
Completely I can't understand the problem please explain briefly.
Samuel said:
9 years ago
Answer.
143/11 = 13.
117/9 = 13.
Both are equal and good.
143/11 = 13.
117/9 = 13.
Both are equal and good.
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