Question

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

a.

Rs. 3100

b.

Rs. 6240

c.

Rs. 6500

d.

Rs. 9600

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Answer: (b).Rs. 6240

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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:

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