To get Rs. 10, you'll need to invest Rs. 96.Investment = Rs. 96/10 x 650 = Rs. 6240 to gain Rs. 650.
A. 12 1/2%
B. 13 1/2%
C. 15%
D. 16 2/3%
Answer:C
To get Rs. 10, you'll need to invest Rs. 96.Investment = Rs. 96/10 x 650 = Rs. 6240 to gain Rs. 650.
A. 12 1/2% B. 13 1/2% C. 15% D. 16 2/3%
Explanation: [20 x (50 - 5)] Equals Rs. 900 as an investment.The face value of the note is Rs. (50 x 20) Equals Rs. 1000. Dividend = Rs. 27/2 x 1000/100 = Rs. 135.Obtaining interest = 135/900x 100 percent = 15%