Question

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4%, is:

A) 108.25 B) 112.20 C) 124.75 D) 125.25

Answer 1

Step-by-step explanation:

Given :-

• The market value of a 10.5% stock
• For an income of Rs. 756,
• investment Rs. 9000,
• brokerage being 1/4%,

To Find :-

• which income ?

Solution :-

For an income of Rs. 21/2

• investment = Rs. 9000/ 756 x 21/2= Rs. 125.

• investment = Rs. 125.

• Rs 125 -1/4 = Rs. 124.75

Answer is Rs. 124.75

Answer 2

Answer:

c) 124.75

Step-by-step explanation:

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