The market value of a 10.5% stock, in which an income of ₹ 756 is derived by investing ₹ 9000, brokerage… · ABC26GN5259

Subject: General Aptitude · Chapter: Stocks and Shares

The market value of a 10.5\% stock, in which an income of ₹ 756 is derived by investing ₹ 9000, brokerage being $\frac{1}{4}$ \%, is

(a)₹ 108.25

(b)₹ 112.20

(c)₹ 124.75

(d)₹ 125.25

Answer

Answer: C ✓ checked by 4AB · confidence high

Explanation

Income ₹756 at 10.5 % ⇒ stock ₹7200; ₹9000 for ₹7200 stock = ₹125 per ₹100 including brokerage; market value = 125 − 0.25 = ₹124.75.

Study loop for Stocks and Shares