Discussion of Question with ID = 059 under Stocks-and-Shares

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An amount of Rs. 3087 is invested in 5% stock. The investor earns Rs. 147. What is the market value of the stock?


Rs. 105.


Rs. 205.


Rs. 155.


Rs. 305.

Ans: a

Rs. 147 is earned when Rs. 3087 is invested. So, Rs. 5 will be earned if the investment is $3087/147$ × 5 = Rs. 105.

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