Vishwanath
Saturday, February 16, 2013
5.The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4%, is:
A. Rs. 108.25
B. Rs. 112.20
C. Rs. 124.75
D. Rs. 125.25
Answer:
Option : C
For an income of Rs. 756, investment = Rs. 9000.
For an income of Rs. | 21 | , investment = Rs. |
| 9000 | x | 21 |
| = Rs. 125 |
2 | 756 | 2 |
∴ For a Rs. 100 stock, investment = Rs. 125.
Market value of Rs. 100 stock | = Rs. |
| 125 - | 1 |
| = Rs. 124.75 |
|
Title : Stocks And Shares Q5
Description : 5.The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4%, is: A. Rs....
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