$A$ man invests $Rs. 27600$ in $4 \%$ stock at $92$. He sold $Rs. 20000$ stock when the price rose to $Rs. 96$,and sold the remaining stock when the market value fell to $Rs. 90$. How much does he gain or loss in the transaction?

  • A
    Gain $= Rs. 600$
  • B
    Loss $= Rs. 600$
  • C
    Loss $= Rs. 650$
  • D
    Gain $= Rs. 650$

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Similar Questions

Sushma invested $Rs.\, 245000$ in $7\%$ stock at $98$ and sold the stock when its price rose to $Rs.\, 100$. She invested the sale proceeds in $9\%$ stock at $125$. Find out the change in income of Sushma. (in $Rs.$)

$A$ man sells $5000$ common shares of Company $X$ (each of par value $Rs. 10$), which pays a dividend of $20\%$, at $Rs. 30$ per share. He invests the sale proceeds in ordinary shares of Company $Y$ (each of par value $Rs. 25$) that pays a dividend of $15\%$. If the market value of a share of Company $Y$ is $Rs. 40$, find out the number of shares of Company $Y$ purchased by the man.

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Find the income on $7 \frac{1}{2} \%$ stock of $Rs.\, 20000$ purchased at $Rs.\, 120$. (in $Rs.$)

What investment will be required to purchase $Rs.\, 90000$ of $8 \%$ stock at $110$?

$A$ company declared an annual dividend of $10 \%$. Find out the annual dividend received by Anu owning $4000$ shares of the company having a par value of $Rs. 100$ each. (in $Rs.$)

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