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A man invests in a 16% stock at 128. The interest obtained by him is:____________?

/ Stocks and Shares Mcqs / By
A man invests in a 16% stock at 128. The interest obtained by him is:____________?

A. 16%
B. 12.5%
C. 8%
D. 12%
investing Rs. 128, income is = Rs. 16.
investing Rs. 100, income is Rs. (16 *100/128) = 12.5