By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: Choose the correct choice from the following options.
A) Rs. 80  B) Rs. 96  C) Rs. 106  D) Rs. 108  E) Rs. 128
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: