A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and inve – McqOptions

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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

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