Question:BY investing Rs.1620 in 8% stock, Sandeep earns Rs. 135. The stock is then quoted at : 

A Rs.106 
B Rs. 96 
C Rs. 80 
D Rs. 108 

+ Answer
B 

+ Explanation
To earn Rs.135, investment = Rs.1620.

To earn Rs 8, investment`= (1620/135 xx 8)`

  `= Rs. 96.`

:. Market value of Rs. 100 stock = Rs. 96.

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