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Which is better investment? 7% of ₹ 100 shares at ₹ 120 (or) 8% of ₹ 100 shares at ₹ 135. - Business Mathematics and Statistics

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प्रश्न

Which is better investment? 7% of ₹ 100 shares at ₹ 120 (or) 8% of ₹ 100 shares at ₹ 135.

योग
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उत्तर

Let the investment in each case be ₹ (120 × 135)

Case 1: Income from 7% of ₹ 100 shares at ₹ 120 = `7/120 xx (120 xx 135)`

= 7 × 135

= ₹ 945

Case 2: Income from 8% of ₹ 100 shares at ₹ 135 = `8/135 xx (120 xx 135)`

= 8 × 120

= ₹ 960

∴ 8% of 100 shares at ₹ 135 is better investment.

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अध्याय 7: Financial Mathematics - Exercise 7.2 [पृष्ठ १७१]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
अध्याय 7 Financial Mathematics
Exercise 7.2 | Q 9 | पृष्ठ १७१
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