Find the annual income derived by investing Rs. 6800 in 10% stock at 136. Stocks
Q1. Find the annual income derived by investing Rs. 6800 in 10% stock at 136. Stocks
Answer: Rs. 500
Explanation: Number of Rs.100 stock units purchased = 6800/136 = 50. Annual income at 10% = 50 × 10 = Rs. 500.