A retired man sells out ₹ 7500 of a 10% stock at ₹ 105.50 and invests the proceeds in 14% stock at ₹ 124.50… · ABC26GN5266

Subject: General Aptitude · Chapter: Stocks and Shares

A retired man sells out ₹ 7500 of a 10\% stock at ₹ 105.50 and invests the proceeds in 14\% stock at ₹ 124.50. What is the change in income if he pays a service charge of 0.5\% of the face value on each transaction?
(a)₹ 95
(b)₹ 114
(c)₹ 132
(d)None of these
Answer
Answer (as printed): C
Explanation
No explanation was printed for this question.

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