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

Rs. 3100

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Rs. 6240

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Rs. 6500

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Rs. 9600

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Solution

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

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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

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