Q:
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:
Answer & Explanation
Answer: C) 124.75
Explanation: For an income of Rs. 756, investment = Rs. 9000.
For an income of , investment = = Rs. 125.
For a Rs. 100 stock, investment = Rs. 125.
Market value of Rs. 100 stock = = Rs. 124.75
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