Math, asked by deys2984, 9 months ago

Find the cost of Rs. 4500, 8.5% stock at 4 premium?

A) 1400 B) 5000 C) 4000 D) 4680

Answers

Answered by Anonymous

4

Answer:

cost of 100 stock = Rs(100+4)= Rs 104

cost of 4500 stock = 104/100 × 4500

= Rs4680

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