Vishwanath
Saturday, February 16, 2013
3.A man invests in a 16% stock at 128. The interest obtained by him is
A. 8%
B. 12%
C. 12.5%
D. 16%
Answer:
Option : C
By investing Rs.128, income derived= Rs.16.
By investing Rs.100, income derived | = Rs. |
| 16 | x 100 |
| = Rs. 12.5 |
100 |
Interest obtained = 12.5%.
Title : Stocks And Shares Q3
Description : 3.A man invests in a 16% stock at 128. The interest obtained by him is A. 8% B. 12% C. 12.5% D. 16% Answer: Opti...
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