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The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being %, is:

Answer» For an income of Rs. 756, investment = Rs. 9000. For an income of Rs. 21 , investment = Rs. 9000 x 21 = Rs. 125. 2 756 2 For a Rs. 100 stock, investment = Rs. 125. Market value of Rs. 100 stock = Rs. 125 - 1 = Rs. 124.75 4


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