If an investor had Rs 36,00,000 to invest in any particular single stock, and she could buy the stock only on Monday and sell it off only on Fridav. then the stock she should buy on Monday to earn the maximum possible profit during the week is
Explanation:
To earn maximum profit, the investor should invest in the stock which gives the maximum profit % over the 5 days.
Profit % of
Option (a): Marico = (372/346 - 1) × 100% = 7.5%
Option (b): HUL = (1966/1933 - 1) × 100% = 1.7%
Option (c): ITC = (25/238 - 1) × 100% = 6.3%
Option (d): Brittania = (3140/3046 - 1) × 100% = 3.1%
By investing in Marico, the investor will earn maximum profit.
Hence, option (a).
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