To produce an annual income of Rs. 1200 from a 12% stock at 90, the am – McqOptions

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1.	To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:_________?
A.	Rs. 10800
B.	Rs. 10000
C.	Rs. 14400
D.	Rs. 16000
Answer» C. Rs. 14400

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