CSC Company Logical Reasoning Letter Arrangement

By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

A. Rs. 80 B. Rs. 96
C. Rs. 106 D. Rs. 108

Read Solution (Total 2)

B

Michel earns Rs 135 by investing Rs1620
To earn Rs 8 how much he have to invest?

=(8*1620)/135=Rs 96
11 years agoHelpfull: Yes(1) No(1)

To earn Rs.135, investment=Rs.1620

To earn Rs.8, investment= (1620*8)/135 = Rs.96
11 years agoHelpfull: Yes(1) No(0)

CSC Other Question

A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

A. 7.5% B. 8%
C. 9.7% D. None of these Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:

A. Rs. 4800 B. Rs. 5000
C. Rs. 5400 D. Rs. 5600