By investing in 1623% stock at 64, one earns Rs. 1900. The investment made is  Choose the correct option
A) s. 9600 B) s. 7500 C) s. 5640 D) s. 5760 E) -7296
Explanation :   Market Value = Rs.64   Face Value is not given and hence take it as Rs.100   16 2/3% of the face value = 50/3   ie, to earn 50/3, investment = Rs.64   Hence, to earn Rs.1500, investment needed = 64×3×1500/50=5760   Answer : Option s. 5760
<result>D</result>
By investing in 1623% stock at 64, one earns Rs. 1900. The investment made is