The market value of a 10.5% stock, in which an income of Rs. 756 is d…

Question

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4 %, is:

Accepted Answer

Option C. Rs. 124.75. Answer & Solution Answer: Option C Solution: & For\, an\, income\, of\,Rs.\,756,\, investment & = Rs.\,9000 & For\, an\, income\, of\,Rs.\, 212,\, investment & = Rs.\, ( 9000756 × 212 ) = Rs.\,125 & For\, a\,Rs.\,100\, stock,\, investment\, = Rs.\,125 & Market\, value\, of\,Rs.\…