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 3 of 3.
Shipra said:
8 years ago
Why answer is 2nd type of stock?
According to me,
1st case. 143*11%=15.73,
15.73/143*117=12.87,
2ndcase. 117*9.75%= 11.40.
So rate of interest is more in case 1st.
According to me,
1st case. 143*11%=15.73,
15.73/143*117=12.87,
2ndcase. 117*9.75%= 11.40.
So rate of interest is more in case 1st.
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.
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.
GAURAV said:
6 years ago
How investment is 143*117?
(3)
Akash said:
4 years ago
We need to assume that face value for both investment is same.
Akash said:
4 years ago
We need to assume that face value for both investment is same.
(1)
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.
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