Let investment in each case be Rs (143x117) Income in 1st case = Rs (11/143)*(143*117)=Rs 1287 Income in 2nd case= Rs (39/4*117)*(143*117)=Rs 1394.25 so 9 3/4% stock at 117 is better investment
What is the market value of a 8.5% stock, in which an income of Rs. 341 derived by investing Rs. 3900, brokerage being 3/4%?
What is the market value of a 7.5% stock, in which an income of Rs. 1500 is derived by investing Rs. 5000, brokerage being 3/4%?
