Stocks and Shares Practice Test 1

Question : 34 of 40

Marks: +1, -0

How much should be invested in 5% stock at120 to secure an annual income of Rs 250.

Solution:

Investment

= {\Annual \income× \market \rate}/{% \rate \of \stock}

={250×120}/5=6000

Go to Question:

Prev Question

Next Question