Discussion of Question with ID = 083 under Stocks-and-Shares

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Question

Mr. X invests Rs. 20500 in 17% stock at Rs. 170. How much will he earn?

A

Rs. 2050.

B

Rs. 2150.

C

Rs. 1950.

D

Rs. 2250.

Soln.
Ans: a

His earning = $17/170$ × 20500 = Rs. 2050.


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