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Find the annual income derived from Rs. 2500, 8% stock at 106.

/ Stocks and Shares Mcqs / By
Find the annual income derived from Rs. 2500, 8% stock at 106.

A. 100
B. 150
C. 200
D. 250
Income from Rs. 100 stock = Rs. 8.
Income from Rs. 2500 = Rs. [(8/1000*2500) =Rs. 200.