By investing in $$16\frac{2}{3}$$% stock at 64, one earns Rs. 1500. The investment made is:
A. Rs. 5640
B. Rs. 5760
C. Rs. 7500
D. Rs. 9600
Answer: Option B
Solution(By Examveda Team)
To earn Rs. $$\frac{{50}}{3},$$ investment = Rs. 64To earn Rs. 1500,
investment =
$$\eqalign{ & Rs.\,\left( {64 \times \frac{3}{{50}} \times 1500} \right) \cr & = Rs.\,5760 \cr} $$
This Question Belongs to Arithmetic Ability >> Stocks And Shares
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