Arithmetic Ability
Stocks and Shares

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Q.

In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

View Answer

Correct choice: B

Explanation:

To obtain Rs. 10, investment = Rs. 96. To obtain Rs. 650, investment = Rs.96*65010Rs.96*650/10 = Rs. 6240.
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