which is better investment 6% rs100 shares at rs120 or 8% rs10 shares at rs 15?
Answers
Answered by
7
Case 1:
Income on Rs 120 = 6% of Rs 100 = Rs 6
Case 2:
Income on Rs 15 = 8% of Rs 10 = Rs
Clearly, 16 > 15
∴ The investment in the second case is better than the investment in the first case
Income on Rs 120 = 6% of Rs 100 = Rs 6
Case 2:
Income on Rs 15 = 8% of Rs 10 = Rs
Clearly, 16 > 15
∴ The investment in the second case is better than the investment in the first case
charliexetri:
from where did 16 come
Similar questions