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Stocks and Shares MCQ Question with Answer

Stocks and Shares MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 15
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