Q1
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
AnswerC.
Rs. 6500
D.
Rs. 9600
Answer: Option B
Solution
Answer: Option B
Solution:
To obtain Rs. 10, investment = Rs. 96.To obtain Rs. 650,