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Find the income on 12% stock of ₹ 60000 purchased at ₹ 110. - Mathematics

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प्रश्न

Find the income on 12% stock of ₹ 60000 purchased at ₹ 110.

योग
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उत्तर

Given:

Stock value (nominal/par value) = ₹ 60,000

Rate of stock = 12%

Purchase price per ₹100 stock = ₹ 110

Income:

= 12% of ₹ 60,000 `12/100xx60000`

= ₹ 7200

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अध्याय 3: Shares and dividends - Exercise 3A [पृष्ठ ३८]

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नूतन Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and dividends
Exercise 3A | Q 15. | पृष्ठ ३८
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