Stocks and Shares Practice Test 2

Question : 8 of 36

Marks: +1, -0

Find the annual income of Sudhakar by investing Rs 2,25,000 at 6% stock at 120.

Solution:

By investing Rs 120, annual income = Rs 6
By investing Rs 2,25,000 annual income =

6/120× 2,25,000

= Rs 11,250

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