Discussion of Question with ID = 044 under Stocks-and-Shares

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Question

Mr. Q invests earns Rs. 2450 by investing in 17% stock at Rs. 170. How much has he invested?

A

Rs. 24500.

B

Rs. 24600.

C

Rs. 24400.

D

Rs. 24700.

Soln.
Ans: a

His investment = ${170 × 2450}/17$ = Rs. 24500.


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