A person has deposited ₹ 13200 in a bank which pays 14% interest. He withdraws the money and invests in ₹ 100… · ABC26GN5247

Subject: General Aptitude · Chapter: Stocks and Shares · Exam: M.A.T. 2004

A person has deposited ₹ 13200 in a bank which pays 14\% interest. He withdraws the money and invests in ₹ 100 stock at ₹ 110 which pays a dividend of 15\%. How much does he gain or lose?
(a)Loses ₹ 48
(b)Gains ₹ 48
(c)Loses ₹ 132
(d)Gains ₹ 132
Answer
Answer (as printed): A
Explanation
No explanation was printed for this question.

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