Vishwanath
Sunday, February 17, 2013
43. To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:
A.Rs. 10800 B.Rs. 10000
C.Rs. 14400 D.Rs. 16000
Answer: Rs. 10000
Explanation: For an income of Rs. 12, stock needed = 100
For an income of Rs. 1200, stock needed = 100 * 1200/12 = 10000
Title : Stocks And Shares Q43
Description : 43. To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is: A.Rs. 10800 B.Rs. 10000 C.Rs. 14...
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