WORK AND EXPLANATION:

(1) 1 share at 6% yields $6

10 shares yield 10 × $6 = $60.

(2) Each share at 96 costs $96.

Each share yields $6.

_Query?_ $6 is what per cent of $96?

$6 is 6/96 of 100%, or 6-1/4%.

∴ the investment yields 6-1/4%.

The Circle of Knowledge: A Classified, Simplified, Visualized Book of Answers · 第 1354 / 1638 题