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

A. Rs. 5640

B. Rs. 5760

C. Rs. 7500

D. Rs. 9600

Correct Answer :

B. Rs. 5760



To earn Rs. 503 , investment = Rs. 64.
To earn Rs. 1500, investment = Rs. 64 × 350 × 1500 = Rs. 5760.
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