Question:
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
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. 5% stock at 75, subject to 30% income tax
B. 4% stock at 90, tax free
Updated On: Oct 4, 2024
- B
- A
- Both A and B
- None of these
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The Correct Option is B
Solution and Explanation
The correct option is (B) :A.
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