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:
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 4 of 6.
Haritha said:
1 decade ago
Why income is face value? will you explain me?
Ppk said:
4 months ago
Very helpful. Thanks all for explaining it.
Deepika nithya kavitha said:
9 years ago
Thank you all for explaining the solution.
Shubham said:
9 years ago
That's the correct solution. @Namit Jain.
Hemant said:
1 decade ago
What is the face value and market value?
James said:
1 decade ago
Can some one tell me what Rs stand for?
Harshit said:
9 years ago
Very clear explanation, thanks @Namit.
GAURAV said:
6 years ago
Which formula applies here exactly?
(2)
Ankit said:
7 years ago
Thanks for the answer @Namit Jain.
(2)
Janardhanarao.kadali said:
10 years ago
10 = 650.
96 = ?
96/10*65 = 6240.
96 = ?
96/10*65 = 6240.
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