Stocks and Shares Practice Test 2

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Question : 22 of 36

Marks: +1, -0

Which is better investment?

4% at 130
$2 1 /2$ % at 80
3% at 98
$3 1 / 2$ % at 110

Solution:

(a) Percentage of income =

4/130×100

=

3 1/13 %

(b) Percentage of income =

5/{2 ×80}×100

=

3 1/ 8

%
(c) Percentage of income =

3/98×100

=

3 3/49 %

(d) Percentage of income =

7/{2× 110} ×100= 3 2/ 11 %

Hence, better investment is

3 1/2

% at 110

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