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.

Ebenezar said:   9 years ago
I can't understand completely, so please explain in a easy way.

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)

Pulkit said:   1 decade ago
Without knowing face value, how can the comparisons be made?

Aashi said:   10 years ago
117 & 143 are multiplied only as an assumption.

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

GAURAV said:   6 years ago
How investment is 143*117?
(3)


Post your comments here:

Your comments will be displayed after verification.