How much stock at 105 can be purchased of Rs. 1433.25?

Options

A. Rs 1365
B. Rs 1635
C. Rs 1355
D. none of these

Answer

To determine how much stock can be purchased at a price of Rs. 105 with an investment of Rs. 1433.25, we can follow these steps:

### Step 1: Identify the total investment and the price per stock
- Total investment = Rs. 1433.25
- Price per stock = Rs. 105

### Step 2: Calculate the number of stocks that can be purchased
To find the number of stocks that can be purchased, we use the formula:

\[ \text{Number of stocks} = \frac{\text{Total investment}}{\text{Price per stock}} \]

Substituting the values:

\[ \text{Number of stocks} = \frac{1433.25}{105} \]

### Step 3: Perform the division
Now, we perform the division:

\[ \text{Number of stocks} = \frac{1433.25}{105} \approx 13.65 \]

Since you cannot purchase a fraction of a stock, we round down to the nearest whole number:

\[ \text{Number of stocks} = 13 \]

### Final Answer
You can purchase **13 stocks** at Rs. 105 with an investment of Rs. 1433.25.

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