Which is better investment: 11% stock at 143  or  93/4% stock at 117?

Option :

Answer:Option 1

Explanation:

Solution:
LetinvestmentineachcasebeRs.(143×117).Incomein1stcase=Rs.(11143×143×117)=Rs.1287.Incomein2ndcase=Rs.(394×117×143×117)=Rs.1394.25Clearly,934%stockat117isbetter.

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