Stocks And Shares Q5

5.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:

     A.   Rs. 108.25

     B.   Rs. 112.20

     C.   Rs. 124.75

     D.   Rs. 125.25

Answer:

Option : C 

For an income of Rs. 756, investment = Rs. 9000.

For an income of Rs.	21	, investment = Rs.		9000	x	21		= Rs. 125
	2			756		2

∴ For a Rs. 100 stock, investment = Rs. 125.

Market value of Rs. 100 stock	= Rs.		125 -	1		= Rs. 124.75
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