Mathematics

Mr. Das invests in ₹ 100, 12% shares of Company A available at ₹ 60 each. Mr. Singh invests in ₹ 50, 16% shares of Company B available at ₹ 40 each. Use this information to state which of the following statements is true.

  1. The rate of return for Mr. Das is 12%

  2. The rate of return for Mr. Singh is 10%

  3. Both Mr. Das and Mr. Singh have the same rate of return of 10%

  4. Both Mr. Das and Mr. Singh have the same rate of return of 20%

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