MCQOPTIONS
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MCQOPTIONS
| 1. |
Which is better investment, 4% stock at par with an income tax at the rate of 5 paise per rupee or 4 stock at 110 free from income tax? |
| A. | 4% at par with income tax |
| B. | 4 % at 110 free from income tax |
| C. | both are equally good |
| D. | an invested Rs. 388 in a stock at 97 to obtain an income of Rs. 22 |
| Answer» C. both are equally good | |