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Which is better investment: 11% stock at 143  or 934% stock at 117?

A. 11% stock at 143

B. 934 % stock at 117

C. Both are equally good

D. Cannot be compared, as the total amount of investment is not given.

Correct Answer :

B. 934 % stock at 117



Let investment in each case be Rs. (143 x 117).
Income in 1st case = Rs. 11143 × 143 × 117 = Rs. 1287.
Income in 2nd case = Rs. 39 4 × 117× 143 × 117 = Rs. 1394.25
Clearly, 934 % stock at 117 is better.