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Discussion :: Stocks and Shares

  1. Find the income on Apti Stocks and Shares% stock of Rs. 4000 purchased at Rs. 90.

  2. A.
    Rs. 240
    B.
    Rs. 140
    C.
    Rs. 340
    D.
    Rs. 540

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    Answer : Option C

    Explanation :

    Face value of the stock = Rs. 4000

    Annual Dividend = 8 = % of the face value.

    So, income = 4000 * = Rs. 340


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