A man invests Rs. 27600 in 4% stock at 92. He sold Rs. 20000 stock whe – McqOptions

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1.	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.	Gain = Rs. 650
D.	Loss = Rs. 650
Answer» B. Loss = Rs. 600

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