Question:

By investing ₹4650 in a \(7 \frac{1}{2} \%\)% stock, a person obtains an income of ₹300. The market price of the stock is:

Updated On: Jun 14, 2024
  • ₹116.25
  • ₹114.50
  • ₹120.75
  • ₹118.35
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The Correct Option is A

Solution and Explanation

The correct option is (A):₹116.25
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