Home » Aptitude » Stocks and Shares

By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

Correct Answer: 96

Explanation:

To earn Rs. 135, investment = Rs. 1620.


 


To earn Rs. 8, investment = R s . 1620 135 × 8 = Rs. 96.


 


Market value of Rs. 100 stock = Rs. 96.


← Previous Question Next Question→

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion