Question
By investing in \(16\frac{2}{3}\) % stock at 64 , one earns Rs. 1500. The investment made is :
Answer: Option B
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To earn Rs.\(\frac{50}{3}\) , investment = Rs. 64
To earn Rs. 1500, investment = Rs. \(\left(64\times\frac{3}{50}\times1500\right)\) = Rs. 5760.
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