Arithmetic Ability
Stocks and Shares

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Q.

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

View Answer

Correct choice: C

Explanation:

By investing Rs 128, income derived = Rs. 16 By investing Rs. 100, income derived =Rs. (16/128*100) = Rs.12.5 Interest obtained = 12.5%
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