CSC
Company
Numerical Ability
Stock and Shares
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
A. Rs. 3100 B. Rs. 6240
C. Rs. 6500 D. Rs. 9600
Read Solution (Total 1)
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- ANS. B.Rs.6240
Explanation:
To get Rs. 10, Investment is 96
To get Rs. 650, investment is (96/10)*650 = 6240.
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