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?
11% stock at 143
9 3 % stock at 117
4
Both are equally good
Cannot be compared, as the total amount of investment is not given.
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 3 of 3.

Viswanath said:   1 decade ago
Income->investment

11----->143.
39/4--->117.

Solution: here we can compare only after equating 2 investments.

So,
11*117--->143*117==>here income is 1287.
39/4*143->117*143==>here income is 1394.25

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

Wahid said:   1 decade ago
@Nagendramurthy. Your explanation is the best.

Nagendramurthy said:   1 decade ago
Alternate
1 case: if we invest rs 143 we get a profit of 11 rs therefore 100 rs how much
i.e 143 rs invest 11 rs profit
100 rs ?

(100*11)/143=7.69 rs profit

2 case: if we invest rs 117 we get 9.75 rs profit therefore for 100 rs how much?
i.e 117 rs invest 9.75 rs profit
100 rs ?

(100*9.75)/117=8.333 rs profit


From above we can clearly make out that 2 case is best...

I hope you understood the logic.
(1)

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.

Anusha said:   1 decade ago
Completely I can't understand the problem please explain briefly.

Nagarajan. M said:   1 decade ago
Completely i cant understand. Why 11% of stock is being multiplied with 117 why not with 143?


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