In order to obtain an income of Rs. 650 from
10% stock at Rs. 96, one must make an
investment of:
(a) Rs. 6200 (b) Rs. 6240
(c) Rs. 6500 (d) Rs. 9800
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To obtain Rs. 10, investment = Rs. 96.
To obtain Rs. 650, investment =
Rs.(96/10×650)=Rs.6240
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