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By investing in 16% stock at 64, one earns Rs. 1500. The investment made is:

Rs. 5760
Rs. 7760
Rs. 8760
Rs. 9760
Explanation:

To earn $Rs. \dfrac{50}{3},investment $

= Rs.64

To earn Rs. 1500, investment =$Rs.\left(64\times\dfrac{3}{50}\times1500\right)$

=Rs.5760

Additional Questions

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