3 years ago in Profit & Loss

Mr. Praveen invests in 10% stock at Rs. 90. He calculates that by selling all the existing shares at Rs. 90 per share and then by investing the proceeds in a 8% stock at Rs. 140, his return will decrease by a certain percentage. What is this percentage approximately?

[A] 40%
[B] 49%
[C] 60%
[D] 110%

Overall Stats

Attempted 13
Correct 10
Incorrect 1
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prince singh - 1 year ago

Any other method other than x

RANDHIR SINGH - 1 year ago

RANDHIR SINGH is saying 49% is correct answer

BHAGYASHREE KUMARI - 1 year ago

BHAGYASHREE KUMARI from Bhubaneswar, India is saying 110% is correct answer

Bhashkar Jha - 1 year ago

Bhashkar Jha is saying 49% is correct answer

HIMANSHU AGGARWAL - 1 year ago

HIMANSHU AGGARWAL is saying 49% is correct answer

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