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. 10,000
✓ Official correct answer
B
Rs. 10,800
C
Rs. 14,400
D
Rs. 16,000
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A
Rs. 10,000
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B
Rs. 10,800
No member explanations yet for this option.
C
Rs. 14,400
No member explanations yet for this option.
D
Rs. 16,000
No member explanations yet for this option.