In order to obtain an income of ₹ 650 from 10% stock at ₹ 96, one must make an investment of:
Rs. 6900
Rs. 6500
Rs. 3200
Rs. 6240
To obtain ₹ 10, investment = ₹ 96.
To obtain ₹ 650, investment =₹(9610×650)=₹.6240.
In order to obtain an income of rs.650 from 10% loss at ruppees96, one must take an investment of;
1)3100
2)6420
3)6500
4)9600
A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio: