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Find the cost of Rs. 6400, 10% stock at 15 discount.

/ Stocks and Shares Mcqs / By
Find the cost of Rs. 6400, 10% stock at 15 discount.

A. 5440
B. 5480
C. 6440
D. 6480
Cost of Rs. 100 stock = Rs. (100-15)
Cost of Rs. 6400 stock = Rs. (85/100 * 6400 ) = Rs. 5440.