What is the investment made if one invests in 15% stock at 50 and earns Rs.2000?
8000
7000
6000
5000
Explanation:
To earn Rs.15, investment = Rs.50.
Hence, to earn Rs.1500, investment = (1500*50)/15
= Rs.5000
What is the investment made if one invests in 15% stock at 50 and earns Rs.2000?
To earn Rs.15, investment = Rs.50.
Hence, to earn Rs.1500, investment = (1500*50)/15
= Rs.5000