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Discussion :: Stocks and Shares

1. Which is better investment: 11% stock at 143  or  9$$\frac { 3 } {4 }$$% stock at 117?

2.  A. 11% stock at 143 B. 9$$\frac { 3 } {4 }$$%stock at 117 C. Both are equally good D. Cannot be compared, as the total amount of investment is not given.

Explanation :

Let investment in each case be Rs. (143 x 117).

Income in 1st case = Rs$$[\frac { 11 } {143 } *143*117]$$= Rs. 1287

Income in 2nd case = Rs$$[\frac { 39 } {4*117} *143*117]$$Rs. 1394.25

Clearly, 9$$\frac { 3 } {4 }$$%stock at 117 is better.

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