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A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :

Rs.80
Rs.115.20
Rs.120
Rs.125.40

Correct Answer: Rs.115.20

Explanation:

For an income of Rs. 10, investment = Rs. 96.

For an income of Rs. 12, investment = Rs. (96/10)*12 = Rs. 115.20.

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