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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What is the amount realised on selling 8% stock of 200 shares of face value ₹ 100 at ₹ 50. - Business Mathematics and Statistics

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Question

What is the amount realised on selling 8% stock of 200 shares of face value ₹ 100 at ₹ 50?

Options

  • ₹ 16,000

  • ₹ 10,000

  • ₹ 7,000

  • ₹ 9,000

MCQ
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Solution

₹ 10,000

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Chapter 7: Financial Mathematics - Exercise 7.3 [Page 172]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 7 Financial Mathematics
Exercise 7.3 | Q 2 | Page 172
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