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Stocks and Shares

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. 108.25

B Rs. 112.20

C Rs. 124.75

D Rs. 125.25

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
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