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Discussion :: Stocks and Shares

  1.  By investing in 16\(\frac { 2} {3 }\)%stock at 64, one earns Rs. 1500. The investment made is:

  2. A.

    Rs. 5640

    B.

    Rs. 5760

    C.

    Rs. 7500

    D.

    Rs. 9600

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    Answer : Option B

    Explanation :

    To earn Rs.\( \frac { 50 } { 3 } \),investment = Rs. 64.

     

    To earn Rs. 1500, investment = Rs[64\(* \frac { 3 } { 50} *1500]\)= Rs. 5760.

     


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