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Which is better investment: 11% stock at 143 or 9 3/4 % stock at 117?

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1. 

Which is better investment: 11% stock at 143  or  91-div-1by4% stock at 117?

[A]. 11% stock at 143
[B]. 9 1-div-1by4% stock at 117
[C]. Both are equally good
[D]. Cannot be compared, as the total amount of investment is not given.

Answer: Option B

Explanation:

 

Let investment in each case be Rs. (143 x 117).

Income in 1st case = Rs. 1-sym-oparen-h1 11 x 143 x 117 1-sym-cparen-h1 = Rs. 1287.
143
Income in 2nd case = Rs. 1-sym-oparen-h1 39 x 143 x 117 1-sym-cparen-h1 = Rs. 1394.25
4 x 117
Clearly, 9 3 % stock at 117 is better.
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