A man invests in a 16% stock at 128. The interest obtained by him i – McqOptions

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1.	A man invests in a 16% stock at 128. The interest obtained by him is :
A.	Rs. 8%
B.	Rs. 12%
C.	Rs. 12.5%
D.	Rs. 16%
Answer» D. Rs. 16%

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