Stocks and Shares - Arithmetic Aptitude Questions and Answers

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

Rs. 5640

Rs. 5760

Rs. 7500

Rs. 9600

Answer : Option B

Explanation :

To earn Rs. $\frac { 50 } { 3 }$ ,investment = Rs. 64.

To earn Rs. 1500, investment = Rs[64 $* \frac { 3 } { 50} *1500]$ = Rs. 5760.

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