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In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

3100
6240
6500
9600

Correct Answer: 6240

Explanation:

To obtain Rs. 10, investment = Rs. 96.

To obtain Rs. 650, investment = $R s . \frac{96 * 650}{10}$ = Rs. 6240.

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