By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: Choose the correct option:
A) Rs. 80
B) Rs. 96
C) Rs. 106
D) Rs. 108
E) Rs. 118
Michel earns Rs 135 by investing Rs1620   To earn Rs 8 how much he have to invest?   =(8*1620)/135= 
<gadget id="calculator">(8*1620)/135</gadget>
<output>96</output>
Rs 96   ANSWER:Rs. 96
<result>B</result>
By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: