Discussion :: Stocks and Shares
-
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Answer : Option B
Explanation :
To obtain Rs. 10, investment = Rs. 96.
To obtain Rs. 650, investment = Rs\([\frac { 96 } { 10 } *650]\)= Rs. 6240.
Be The First To Comment