Home » Aptitude » Stocks and Shares

To produce an annual income of Rs. 500 in a 4% stock at 90, the amount of stock needed is?

Correct Answer: Rs. 12500

Explanation:

For an income of Rs. 4, stock needed = Rs. 100
For an income of Rs. 500, stock needed = Rs. (100 / 4) x 500 = Rs. 12500


← Previous Question Next Question→

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion