Discussion Forum



1)

Find the annual income derived by investing Rs. 7800 in 10% stock at 136.


A) 573.53

B) 570

C) 575

D) 580

Answer:

Option A

Explanation:

By investing Rs. 136, income obtained = Rs. 10.

By investing Rs. 7800, income obtained = Rs (10/136) x 7800=573.53