Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.
Rs. 12 is an income on Rs. 100.
Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs 6, investment =Rs. (100/8*6) = Rs. 75
Market value of Rs. 100 stock = Rs. 75.
To obtain Rs. 10, investment = Rs. 96.
To obtain Rs. 650, investment = = Rs. 6240.
CP. = = Rs.96.25
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