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1. |
A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction ? |
A. | s. 95 |
B. | s. 114 |
C. | s. 132 |
D. | one of these |
Answer» D. one of these | |