Stocks and Shares Practice Test 2

Question : 16 of 36

Marks: +1, -0

What income will be derived from Rs. 3470 in

4 1/ 2

per cent stock at

86 3 /4

Solution:

Income on Rs. 3470 = Rs.

9 /2 ×4/ 347 ×3470

= Rs. 180

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