Vishwanath
Sunday, February 17, 2013
34. | By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:
|
A. | Rs. 80 | B. | Rs. 96 | C. | Rs. 106 | D. | Rs. 108 |
|
Answer: Option B
Explanation:
To earn Rs. 135, investment = Rs. 1620.
To earn Rs. 8, investment = Rs. |
| 1620 | x 8 |
| = Rs. 96. |
135 |
Market value of Rs. 100 stock = Rs. 96.
Title : Stocks And Shares Q34
Description : 34. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: A. Rs. 80 B. Rs. 96 C. Rs. 106 D. Rs. 108 Answer:...
Rating : 5
