Question

16. Which is better investment:
(10%, 100 shares at 3120) or (8%, 100 shares at *72)?​

Answer 1

Answer:

Income on ₹ 120 = 7% of ₹ 100

= 7 × 100/100 = ₹ 7

So Income on ₹ 1 = ₹ 7/120 = ₹ 0.058

Case II

Income on ₹ 13.50 = 8% of ₹ 10

= 8 × 10/100 = ₹ 8/10

So, Income on ₹ 1 = ₹ 8/10/13.50

= ₹ 0.059

Step-by-step explanation:

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