1. What is a better investment, 4% stock at 120 or 3% stock at 80 ?
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By: anil on 05 May 2019 01.53 am
4% stock at 120 = $$frac{4}{100} imes120=4.80$$/- 3% stock at 80 = $$frac{3}{100} imes80=2.40$$/-
1st one is better than 2nd one. so the answer is option A.
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1st one is better than 2nd one. so the answer is option A.