Find what sum of money 1 must invest in a 10 per cent stock at 102 to – McqOptions

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1.	Find what sum of money 1 must invest in a 10 per cent stock at 102 to obtain an income of Rs. 400 per year ?
A.	Rs. 4800
B.	Rs. 8040
C.	Rs. 4080
D.	Rs. 8400
Answer» D. Rs. 8400

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