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4

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. 212 , investment = Rs. 9000756 × 212 = Rs. 125.
 For a Rs. 100 stock, investment = Rs. 125.
Market value of Rs. 100 stock = Rs. 125 - 14 = Rs. 124.75