Question

By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

a.

Rs. 80

b.

Rs. 96

c.

Rs. 106

d.

Rs. 108

Answer: (b).Rs. 96

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Q. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

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