Mathematics
Medium
Question
To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:_________?
A
Rs. 10800
B
Rs. 10000
✓ Official correct answer
C
Rs. 14400
D
Rs. 16000
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
Rs. 10800
No member explanations yet for this option.
B
Rs. 10000
No member explanations yet for this option.
C
Rs. 14400
No member explanations yet for this option.
D
Rs. 16000
No member explanations yet for this option.