Welcome Guest | Sign in | Register
Stocks and Shares - Discussion Page For Q.442 | Aptitude Questions and Answers | Aptitude Free Online-Tests | LucentBlackBoard | LucentBlackBoard.com

Home > Arithmetic Aptitude > Stocks and Shares > Questions and Answers Discussion

Q: A man invests in a 16% stock at 128. The interest obtained by him is
A. 8%    B. 12%   
C. 12.5%    D. 16%

Answer and Explanation

Answer:12.5%   

Explanation:
By investing Rs 128, income derived = Rs 16
By investing Rs 100, income derived = Rs (16/128 * 100) = Rs 12.5
Hence, Interest obtained = 12.5%

Comment on this Question

Name:

Loading...




Partner Sites
LucentBlackBoard.com                  SoftLucent.com                  LucentJobs.com
All rights reserved © 2012-2015 SoftLucent.