ABC26GN5244 · Stocks and Shares

Subject: General Aptitude · Chapter: Stocks and Shares · Exam: 2002 · Marks: · Difficulty:

A wants to secure an annual income of ₹ 1500 by investing in 15\% debentures of face value ₹ 100 each and available for ₹ 104 each. If the brokerage is 1\%, then the sum of money he should invest is
(a)₹ 10504
(b)₹ 10784
(c)₹ 15000
(d)₹ 19642
Answer
Answer (as printed): A
Explanation
No explanation was printed for this question.

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