By investing in 16 2/3% stock at 64, one earns ₹ 1500. The investment made is · ABC26GN5254

Subject: General Aptitude · Chapter: Stocks and Shares

By investing in $16 \frac{2}{3} \%$ stock at 64 , one earns $₹ 1500$. The investment made is

(a)₹ 5640

(b)₹ 5760

(c)₹ 7500

(d)₹ 9600

Answer

Answer: B ✓ checked by 4AB · confidence high

Explanation

₹1500 at 16⅔ % needs ₹9000 of stock; at 64 the investment is 9000 × 0.64 = ₹5760.

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