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By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

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By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: Answer: Rs. 96

To earn Rs. 135, investment = Rs. 1620. To earn Rs. 8, investment = Rs. [1620/135 x 8] = Rs. 96. ∴ Market value of Rs. 100 stock = Rs. 96.

Question context

This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the DemoPaper-Pakistan preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.