SSC CGL 26 Oct 2014 Shift 1 Paper

Question : 107 of 200

Marks: +1, -0

What is a better investment, 4% stock at 120 or 3% stock at 80?

Solution:

If we have to get an income of Re 1 anually,
Investment ⇒
(1)

{120}/4

= Rs. 30
(2)

{80}/3

= Rs. 26

2/3

Hence, second investment is better.

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