Discussion of Question with ID = 012 under Stocks-and-Shares

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Question

What will be my annual income if I invest Rs. 5850 in a 11% stock at Rs. 117?

A

Rs. 550.

B

Rs. 650.

C

Rs. 450.

D

Rs. 750.

Soln.
Ans: a

The required income is $11/117$ × 5850 = Rs. 550.


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