Mr X invest rupees 13000 in 15% stock at rupees 150 how much will earn
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Mr. X invests Rs.13000 in 15% stock at Rs. 150.
We have to find out 'how much he will earn'?
Investment by Mr.X = Rs 13,000 in 15% stock at Rs 150
That means by investing Rs 150 the income earned will be =Rs 15
∴ by investing Rs 13,000 the income earned will be =13,000 x
13,000 / 10
= rs 1300
Ans :-Mr X will earn rs.1300.
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