Stocks And Shares Q2

2.	In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
	A. Rs. 3100 B. Rs. 6240 C. Rs. 6500 D. Rs. 9600

Answer: Option B

Explanation:

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

To obtain Rs. 650, investment = Rs.		96	x 650		= Rs. 6240.
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