A man invests Rs 6000 in a company paying 8% p.a. when a share of the face value of Rs 100 is selling for Rs 120. What is his annual income? Options: A . &nbspRs 250 B . &nbspRs 300 C . &nbspRs 350 D . &nbspRs 400

A man invests Rs 6000 in a company paying 8% p.a. when a share of the face va

Question

A man invests Rs 6000 in a company paying 8% p.a. when a share of the face value of Rs 100 is selling for Rs 120. What is his annual income?

Options:

A . Rs 250

B . Rs 300

C . Rs 350

D . Rs 400

Answer: Option D

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