1.

A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock at Rs. 110 which pays a dividend of 15%. How much does he gain or lose ?

A. oses Rs. 48
B. ains Rs. 48
C. oses Rs. 132
D. ains Rs. 132
Answer» B. ains Rs. 48


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