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How much stock must be sold to realize Rs. 7350 from a stock at 105?

Rs. 7500
Rs. 6920
Rs. 7000
Rs. 6400

Correct Answer: Rs. 7000

Explanation:

7350 = (Amount of stock x 105 + 0) / 100
∴ Amount of stock = (7350 x 100) / 105 = Rs. 7000

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