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

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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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
answered Sep 07, 2023 at 09:12

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