Discuss Forum
1. In order to obtain an income of Tk. 650 from 10% stock at Tk. 96, one must make an investment of :
- A. Tk. 3100
- B. Tk. 3100
- C. Tk. 3100
- D. Tk. 3100
Answer: Option C
Explanation:
Hints: 10% profit in TK.96 = 96 × 10% = 9.6 TK
If profit 9.6TK. then investment 96 TK
If profit 1 tk then investment 96/9.6 tk
if profit 650 tk then investment 96 × 650/9.6 = 6500 t
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