Aptitude - Stocks and Shares - Discussion

Discussion Forum : Stocks and Shares - General Questions (Q.No. 1)
1.
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Rs. 3100
Rs. 6240
Rs. 6500
Rs. 9600
Answer: Option
Explanation:

To obtain Rs. 10, investment = Rs. 96.

To obtain Rs. 650, investment = Rs. 96 x 650 = Rs. 6240.
10

Discussion:
52 comments Page 1 of 6.

Ross said:   1 decade ago
Can somebody solve it with easy explanation please?

Shashikanth said:   1 decade ago
Why Rs. 10 had taken?

Shinchan said:   1 decade ago
From where Rs. 10 came?

Hari said:   1 decade ago
Can somebody solve it with easy explanation please?

Dhananjay said:   1 decade ago
Its rs 10 or 10%?

EZHILARASI said:   1 decade ago
Where Rs. 10 came?

Raghavendra said:   1 decade ago
10% = 10/100 = Rs 10/-

Thirumoorthy S said:   1 decade ago
(10/100) * 96 = 96/10 ; (9.6/96)* x = 650 ; x = 650 * 96/9.6

Venu said:   1 decade ago
I didn't understood answer. Please explain it clearly, What is face value, dividend etc.

Lavanya said:   1 decade ago
Stock is :96
Income is.: 650
The percentage is: 10%
:10/100
:10rs
The makeing investment is:(96/10)*650
:9.6*650
:6240


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