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:

• A. ₹116.25
• B. ₹114.50
• C. ₹120.75
• D. ₹118.35

Answer 1

Answer: (A)

₹116.25

Answer 2

The correct option is (A):₹116.25