English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

A invested some money in 10% stock at ₹ 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of ____________. - Business Mathematics and Statistics

Advertisements
Advertisements

Question

A invested some money in 10% stock at ₹ 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of ____________.

Options

  • ₹ 80

  • ₹ 115.20

  • ₹ 120

  • ₹ 125.40

MCQ
Fill in the Blanks

Solution

A invested some money in 10% stock at ₹ 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of ₹ 80.

shaalaa.com
Stocks, Shares, Debentures and Brokerage
  Is there an error in this question or solution?
Chapter 7: Financial Mathematics - Exercise 7.3 [Page 172]

APPEARS IN

Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 7 Financial Mathematics
Exercise 7.3 | Q 12 | Page 172
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×