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Stocks and Shares Practice Test 2

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Question : 10 of 36

Marks: +1, -0

By how much is 15% at 80 is better than

13 \frac{1}{5}\%

at 73?

Rs 56
Rs 39
Rs 81
Rs 44
No difference

Solution: 👈: Video Solution

Let total investment = (80 × 73)

Income from 15% at 80

Income on investing 80 = Rs 15

Income on investing (80 × 73)

= \frac{15}{80 \times 80 \times 73}

= Rs 1,095

Income from

13 \frac{1}{5}\%

at 73

= Income on investing 73 = Rs

\frac{66}{5}

Income on investing (80 × 73)

= \frac{66}{5} \times \frac{1}{73} \times 80 \times 73

= Rs 1,056

Required difference = 1,095 - 1,056 = Rs 39

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