Correct Answer: Option D
For an income of Re. 1 in 9% stock at 96, investment = Tk. (96/9)
= Tk. 32/3
For an income Re. 1 in 12% stock at 120, investment = Tk. 120/12
= Tk. 10.
Ratio of investments = 32/3 : 10
= 32 : 30 = 16 : 15.
Download our app for free and access thousands of MCQ questions with detailed solutions