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
Solution(By Examveda Team)
By investing Rs. 128, income derived = Rs. 16By investing Rs. 100, income derived
= Rs. $$\left( {\frac{{16}}{{128}} \times 100} \right)$$
= Rs. 12.5
∴ Interest obtained = 12.5%
This Question Belongs to Arithmetic Ability >> Stocks And Shares
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B. Rs. 6240
C. Rs. 6500
D. Rs. 9600
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B. $$13\frac{1}{2}$$ %
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A. 11% stock at 143
B. $$9\frac{3}{4}$$% stock at 117
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B. Rs. 15
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