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

Rs. 6900

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Rs. 6500

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Rs. 3200

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Rs. 6240

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Solution

The correct option is D
Rs. 6240

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

To obtain Rs. 650, investment $= R s . (\frac{96}{10} \times 650) = R s .6240 .$

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Similar questions

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

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

2000

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Ashwarya bought 496, Rs 100 shares at Rs 132 each. Find :

(i) an investment made by her.

(ii) income of Ashwarya from these shares, if the rate of dividend is 7.5%.

(iii) how much extra must Aishwarya invest in order to increase her income by Rs 7,200?

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