Subject
Quantitative Aptitude
Topic
Percentage
Which is better investment: 11% stock at 143 or 9(3/4)% stock at 117?
Which is better investment: 11% stock at 143 or 9(3/4)% stock at 117?
ক)
11% stock at 143খ)
9(3/4)% stock at 117গ)
Both are equally goodঘ)
Cannot be compared, as the total amount of investment is not given.Explanation
Let investment in each case be Tk. (143 x 117). Income in 1st case = Tk. ((11/143) x 143 x 117) = Tk. 1287. Income in 2nd case = Tk. {39/(4 x 117)x 143 x 117} = Tk. 1394.25 Clearly, 9(3/4)% stock at 117 is better.Related questions
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