Aptitude - Stocks and Shares - Discussion

Discussion Forum : Stocks and Shares - General Questions (Q.No. 5)
5.
By investing in 16% stock at 64, one earns Rs. 1500. The investment made is:
Rs. 5640
Rs. 5760
Rs. 7500
Rs. 9600
Answer: Option
Explanation:

To earn Rs. 50 , investment = Rs. 64.
3

To earn Rs. 1500, investment = Rs. 64 x 3 x 1500 = Rs. 5760.
50

Discussion:
48 comments Page 4 of 5.

Bryan said:   1 decade ago
What happen to the percentage, I thought it would be 50/300? Please help me.

Tanusha said:   1 decade ago
= 50/3-64 = 1500-?

= 1500*64/50/3 = 1500*64*3/50.

= 288000/50 = 5760.

JaganKumar said:   1 decade ago
Please can you explain me How 50/3 comes ? And why it reciprocated. ?

Supriya said:   1 decade ago
HOW can 16*(2/3)% can be converted to Rupee ? please explain this.
(1)

Kiran said:   8 years ago
Fraction is to be done in that way.

16 * 2 ÷ 3 = 50÷3.

Ankur said:   1 decade ago
Statements are very confusing! Basics are not clear! Help.

Shubham Jain said:   6 years ago
Yes, you are right the face value is assumed to be 100.
(1)

Jagankumar said:   1 decade ago
I understand how 50/3 comes but why it is reciprocated?

Haja said:   1 decade ago
@pawan, @manikandan

1 x 50/3 = 64

Then

1 = 64 x 3/50

Aashi said:   10 years ago
Hi @Anjali,

16*3 = 48+2 = 50 [mixed fraction].


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