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A man invests in a 16 stock at 128 The interest...

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A man invests in a 16% stock at 128. The interest obtained by him is ?

Answer & Solution
Correct Answer: Option C
By investing Rs. 128, income derived = Rs. 16
By investing Rs. 100, income derived
= Rs. $$\left( {\frac{{16}}{{128}} \times 100} \right)$$  
= Rs. 12.5
∴ Interest obtained = 12.5%
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