Stock and shares - Quantitative Aptitude (MCQ) questions for Q. 771

Q.  What is the investment made if one invests in 15% stock at 50 and earns Rs.2000?
- Published on 06 Jul 15

a. 8000
b. 7000
c. 5000
d. 6000

ANSWER: 5000
 
To earn Rs.15, investment = Rs.50.
Hence, to earn Rs.1500, investment = (1500*50)/15
= Rs.5000

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    Discussion

  • Ranjeyan   -Posted on 24 Jan 23
    Here in this question they are give Rs 2000 he earns . But in the answer section you are calculating for Rs 1500 . Can you xplain?

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