A wants to secure an annual income of ₹ 1500 by investing in 15% debentures of face value ₹ 100 each and… · ABC26GN5244
Subject: General Aptitude · Chapter: Stocks and Shares · Exam: M.A.T. 2002
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