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

A Rs. 6500 
B Rs. 9600 
C Rs. 3100 
D Rs. 6240 

+ Answer
D 

+ Explanation
To obtain Rs. 10, investment = Rs. 96

To obtain Rs. 650, investment

`= Rs. (96/10 xx 650)`

`= Rs. 6240.`

+ Report

Irin Moni

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