Book Maths Puzzle Category

How much money must I invest in 20/3 % stock at 10 premium to secure an annual income of Rs.600 ?

Read Solution (Total 3)

For an income of Rs. (20/3), investment = Rs.110
For an income of Rs.600, investment
= Rs.(110*3*600/ 20)
= Rs. 9900
10 years agoHelpfull: Yes(0) No(0)

For an income of Rs. (20/3), investment = Rs.110
For an income of Rs.600, investment
= Rs.(110*3*600/ 20)
= Rs. 9900
10 years agoHelpfull: Yes(0) No(0)
For an income of Rs. (20/3), investment = Rs.110
For an income of Rs.600, investment
= Rs.(110*3*600/ 20)
= Rs. 9900
10 years agoHelpfull: Yes(0) No(0)

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