Question
Quantitative Ability and Data Interpretation Question on Percentage
Which investment gives a better return, assuming the face value of shares to be Rs. 10?
A. 5% stock at 75, subject to 30% income tax
B. 4% stock at 90, tax free
A
B
B
A
C
Both A and B
D
None of these
Answer
A
Explanation
Solution
The correct option is (B) :A.