In order to obtain an income of ₹ 650 from 10% stock at ₹ 96, one must make an investment of · ABC26GN5253

Subject: General Aptitude · Chapter: Stocks and Shares

In order to obtain an income of ₹ 650 from 10\% stock at ₹ 96, one must make an investment of

(a)₹ 3100

(b)₹ 6240

(c)₹ 6500

(d)₹ 9600

Answer

Answer: B ✓ checked by 4AB · confidence high

Explanation

₹650 at 10 % needs ₹6500 of stock; at ₹96 that costs 6500 × 0.96 = ₹6240.

Study loop for Stocks and Shares

1. Practise the PYQsPrevious-year questions, with answers

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