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Q1
:
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being
%, is:
A
Rs. 112.20
B
Rs. 124.75
C
Rs. 125.25
D
Rs. 108.25
Solution
ANS:
C
- Rs. 124.75
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
4
Share :
%, is:
For a Rs. 100 stock, investment = Rs. 125.