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Stocks and Shares
By investing in 16⅔% stock at 64, one earns Rs. 1500. The investment made is:
Rs. 5640
Rs. 5760
Rs. 7500
Rs. 9600
Correct Answer:
Rs. 5760
Explanation:
To earn Rs.
50
, investment = Rs. 64.
3
To earn Rs. 1500, investment = Rs.
❨
64 x
3
x 1500
❩
= Rs. 5760.
50
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