Mathematics

Ankit has the option of investing in company A, where 7%, ₹ 100 shares are available at ₹ 120 or in company B, where 8%, ₹ 1000 shares are available at ₹ 1620.

Assertion (A) : Investment in Company A is better than Company B.

Reason (R) : The rate of income in Company A is better than in Company B.

  1. Both A and R are correct, and R is the correct explanation for A.

  2. Both A and R are correct, and R is not the correct explanation for A.

  3. A is false, but R is true.

  4. Both A and R are false.

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