Aptitude - Stocks and Shares - Discussion

Discussion Forum : Stocks and Shares - General Questions (Q.No. 1)

Stocks and Shares

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 3 of 6.

Balaji said: 1 decade ago

I really happy more and more solution come for here. So I clear quickly. Thanks to all.

Khurshed said: 8 years ago

@Namit Jain.

Thanks for your explanation. I think it is a good explanation.

Vijay said: 1 decade ago

10% of share value 96* profit = investment.

9.6*650 = 6240.

Thirumoorthy S said: 1 decade ago

(10/100) * 96 = 96/10 ; (9.6/96)* x = 650 ; x = 650 * 96/9.6

Dinesh Kumar said: 1 decade ago

'10% stock at Rs.96'. What does stock means? Please clarify.

Srinu said: 9 years ago

10/100 * x = 650.

Ans = 6500
Why Rs = 10 value is used?

Hari said: 1 decade ago

Can somebody solve it with easy explanation please?

Ross said: 1 decade ago

Can somebody solve it with easy explanation please?

Nilofar said: 1 decade ago

Face value is 96.

96*10% = 9.6.

9.6*650 = 6240.

Pooja said: 4 years ago

@Namit Jain.

Thanks for explaining it so clearly!

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