Question
Which is better investment - 11% stock at 143 or `9 3/4`% stock at 117 ?
Answer: Option B
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Let investment in each case be Rs. (143 x 117)
Income in 1st case = Rs. `(11/143 xx 143 xx 117)` = Rs. 1287.
Income in 2nd case = Rs. `((39)/(4 xx 117) xx 143 xx 117)` = Rs. 1394.25
Clearly , `9 3/4%` sock at 117 is better.
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