ABC26GN5267 · Stocks and Shares

Subject: General Aptitude · Chapter: Stocks and Shares · Exam: · Marks: · Difficulty:

Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $14\frac{2}{7}\%$ stock at 120 free from income tax?

(a)12% stock

(b)$14\frac{2}{7}\%$ stock

(c)Both are equally good

(d)Cannot be compared

Answer

Answer (as printed): B

Explanation

No explanation was printed for this question.

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