Q:
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being % is :
Answer & Explanation
Answer: C) Rs.124.75
Explanation: For an income of Rs.756, investment = Rs.9000
For an income of Rs., investment = = Rs.125
For a Rs.100 stock, investment = Rs.125.
Market value of Rs. 100 stock = = Rs. 124.75
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