A typist invested a certain sum in 13 % stock at 103 and sold out the stock when the price rose to 107, gaining thereby a sum of Rs 36. How much stock had she bought? Options: A . &nbspRs 900 B . &nbspRs 950 C . &nbspRs 1000 D . &nbspnone of these

A typist invested a certain sum in 13 % stock at 103 and sold out the stock whe

Question

A typist invested a certain sum in 13 % stock at 103 and sold out the stock when the price rose to 107, gaining thereby a sum of Rs 36. How much stock had she bought?

Options:

A . Rs 900

B . Rs 950

C . Rs 1000

D . none of these

Answer: Option A

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