Discussion of Question with ID = 004 under Stocks-and-Shares

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Question

Mr. Q invests earns Rs. 2150 by investing in 7% stock at Rs. 70. How much has he invested?

A

Rs. 21500.

B

Rs. 21600.

C

Rs. 21400.

D

Rs. 21700.

Soln.
Ans: a

His investment = ${70 × 2150}/7$ = Rs. 21500.


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