Home » Aptitude » Stocks and Shares

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

Correct Answer: Rs. 12.5%

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%


← Previous Question Next Question→

Discussion & Comments

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