What amount of money should be invested in 4% stock at 90 to derive an income of Rs 140 ? Options: A . &nbspRs 3000 B . &nbspRs 3150 C . &nbspRs 3300 D . &nbspRs 3450

What amount of money should be invested in 4% stock at 90 to derive an income

Question

What amount of money should be invested in 4% stock at 90 to derive an income of Rs 140 ?

Options:

A . Rs 3000

B . Rs 3150

C . Rs 3300

D . Rs 3450

Answer: Option B

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