Question

Which is a better investment - 12% Rs. 100 shares at 120 or
8℅ rs100 shares at 90
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Answer 1

Answer:

8 '/, rs 100 share at 90 is the answer

Answer 2

Answer:

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

Step-by-step explanation:

Case 1:

Income on Rs. 120 = 12/100×100= Rs.12

Income on Re. 1 = Rs. 12/120= Rs. 0.10

Case 2:

Income on Rs. 90 = 8/100×100= Rs. 8

Income on Re. 1 = Rs. 8/90= Rs. 0.09.