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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:

Rs. 3100
Rs. 6240
Rs. 6500
Rs. 9600

Correct Answer: Rs. 6240

Explanation:

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

To obtain Rs. 650, investment = Rs.	❨	96	x 650	❩	= Rs. 6240.
		10

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