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.

Ashwath said:   1 decade ago
11% Means in the real world 11/100 not 11/143.
11% on 143 is 15.73.
9.75% or 9 3/4 % on 117 means 11.40.

If you invest 143 you get 15.73 143 ===> 15.73.
If you invest 117 you get 11.40 117 ===> 11.40.

Please clarify how could you determinate 11% = 11 for 143?

Vamshi said:   1 decade ago
@Mr. Vikas don't care about the problem in reality way try to understand the given problem.

Its clear that 11% stock is once with of 117 and once with 143 so its simply multiply by those two and compare that two answers ok na. Did you get it.

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.

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.


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