The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being %, is
A. Rs. 108.25
B. Rs. 112.20
C. Rs. 124.75
D. Rs. 125.25
Correct Answer :
C. Rs. 124.75
For an income of Rs. 756, investment = Rs. 9000. For an income of Rs. , investment = For a Rs. 100 stock, investment = Rs. 125. Market value of Rs. 100 stock =