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In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of how many rupees ?

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In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of how many rupees ?
posted Dec 21, 2015 by Nikhil Pandey

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1 Answer

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To obtain Rs 10 , investment =Rs 96
To obtain Rs 650, investment =Rs [(96/10)*650]=Rs 6240
Ans is 6240

answer Dec 22, 2015 by Jaikumar Bhatia
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