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 5 of 6.

Charishma said:   9 years ago
Nice explanation. Thank you all.

Anil kumar yadav said:   9 years ago
Good explanation @Namit Jain.

Ram said:   1 decade ago
Its good to understood.

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

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

Nikhitha said:   7 years ago
Thank you @Namit Jain.
(2)

Archana LP said:   1 decade ago
Rs stands for Rupees.

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

Nawal kumar said:   9 years ago
What is stock value?

Bunny said:   9 years ago
Here, 10/100 = 0.1.


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