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.Management Sciences
Category: Stocks and Shares Mcqs
A man invests in a 16% stock at 128. The interest obtained by him is:____________?
0
A. 16%
B. 12.5%
C. 8%
D. 12%
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A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?
A. 3600(8%), 4200(9%)
B. 4000(8%), 4200(9%)
C. 3600(8%), 4000(9%)
D. 4000(8%), 4000(9%)
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