Question

Q.4) Which is better investment: 12% Rs 100 shares at Rs 120 or 8% Rs 100
shares atRs 90?
[2]​

Answer 1

Answer:

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Step-by-step explanation:

12% Rs. 100 shares ar 120 is a better investment. Income on Re.

Case 1:

Income of Rs 120 = (12/100×100)

=Rs 12

Income of Rs 1 = 12/120

= Rs 0.10

Case 2:

Income of Rs 90 = 8/100×100

= Rs 8

Income of Rs 1 = 8/90

= Rs 0.09