Discussion Forum



1)

A invested some money in 10% stock at 95 . If B wants to invest in an equally good 12% stock, he must purchase a stock worth of


A) 115

B) 120

C) 114

D) 113

E) 112

Answer:

Option C

Explanation:

For an income of Rs. 10, investment = Rs. 95

For an income of Rs. 12, investment =( 95/ 10) X 12 =Rs. 114