Discussion :: Stocks and Shares
- Ram invests in 16% stock at 74 and earns Rs. 1800. What is the investment made by Ram?
Answer : Option A
Explanation :
Market value = Rs. 74
Let the face value = Rs. 100
So, the dividend is 16% of the face value = Rs. 16
Now, to earn 16 the investment = Rs. 74
To earn Rs. 1800 the investment made would be = * 1800 = 8325
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