35. By investing Rs. 1620 in 8% stock, Sandeep earns Rs. 135. The stockis then quoted at
A.Rs. 106 B.Rs. 80
C.Rs. 96 D.Rs. 108
Answer: Rs. 96
Explanation: To earn Rs. 135, investment = Rs. 1620.
To earn Rs. 8, investment = Rs. (1620/135) * 8= Rs.96.
Market value of Rs. 100 stock = Rs. 96.
