SSC Government Jobs Exams Numerical Ability Stock and Shares

To produce an annual income of Rs. 800 from a 8% stock at 90, the amount of stock needed is:

Options
1) Rs.10000
2) Rs.14400
3) Rs.10800
4) Rs.16000

Read Solution (Total 1)

let annual income be be S.I. =PTR/100
=(10000*1*8)/100=Rs.800/-
9 years agoHelpfull: Yes(0) No(0)

SSC Other Question

Find the income on 8% stock of Rs.1200 purchased at Rs.120?

Options
1) Rs.96
2) Rs.66
3) Rs.90
4) Rs.88 By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted at

Options
1) Rs.135
2) Rs. 96
3) Rs. 85
4) Rs. 122