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 6 of 6.

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

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


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