Stocks & Shares Mcqs


Q.  Find the annual income derived by investing Rs. 6800 in 10% stock at 136.

a. 200
b. 300
c. 400
d. 500


ANSWER: See Answer
 
By investing Rs. 136, income obtained = Rs. 10.
By investing Rs. 6800, income obtained = Rs. [(10/136)*6800] = Rs. 500.
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