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1. |
A man invested Rs. 26000 in 5% stock at 104. He sold the stock when the price rose to Rs. 120 and invested the sale proceeds in 6% stock. By doing this his income increased by Rs. 2500. At what price |
A. | Rs. 125 |
B. | Rs. 48 |
C. | Rs. 24 |
D. | None of these |
Answer» C. Rs. 24 | |