Question

Two companies have shares of 7% at 116 and 9% at 145 respectively. In which of the shares would the investment be more profitable?​

Answer 1

Answer:

Let the investment in each case = Rs 116∗145

Dividend in the first case = (165∗145∗7)/116 = Rs 1,015.

Dividend in second case = (116∗145∗9)/145 = Rs 1,044.

From the above it is clear that the second type of share that is 9% at Rs 145 are more profitable.

Answer 2

Answer:

9 percent at 145 is the right answer