By investing in 16 2/3 % stock at 64, one earns Rs. 1500. The investment made is:

1.

By investing in 16 1-div-2by3 % stock at 64, one earns Rs. 1500. The investment made is:

[A].	Rs. 5640
[B].	Rs. 5760
[C].	Rs. 7500
[D].	Rs. 9600

Answer: Option B

Explanation:

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

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

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