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What annual income is derived by investing ₹ 3760 in 7% stock at ₹ 94? - Mathematics

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प्रश्न

What annual income is derived by investing ₹ 3760 in 7% stock at ₹ 94?

योग
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उत्तर

Given:

Investment = ₹ 3760

Stock rate = 7%

Market price of stock = ₹ 94

Nominal value

= `(3760/94)xx100`

`=376000/94`

= ₹ 4000

Annual income:

= 7% of ₹ 4000 

`= 7/100xx4000`

= ₹ 280

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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 17. | पृष्ठ ३८
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