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Discussion :: Stocks and Shares

  1. What is the income on 9% stock of Rs. 1500 purchased at Rs. 110?

  2. A.
    Rs.135
    B.
    Rs.125
    C.
    Rs.145
    D.
    Rs.130

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    Workspace

    Answer : Option A

    Explanation :

    The face value = Rs. 1500
    Market value = Rs. 110
    Income or Dividend = = Rs.135


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