Vishwanath
Sunday, February 17, 2013
33.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:
By investing Rs.128, income derived= Rs.16.
By investing Rs.100, income derived = Rs.(16/128 x 100)
= Rs. 12.5.
Interest obtained = 12.5%.
Title : Stocks And Shares Q33
Description : 33.A man invests in a 16% stock at 128. The interest obtained by him is A. 8% B. 12% C. 12.5% D. 1...
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