Q. By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_________?
a. 80
b. 96
c. 106
d. 108
To earn Rs. 135, investment = Rs. 1620.
To earn Rs. 8, investment = Rs. (1620/135) * 8= Rs.96.
Market value of Rs. 100 stock = Rs. 96.