To get Rs. 10, Investment is 96
To get Rs. 650, investment is (96/10)*650 = 6240
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Options:
a) Rs. 3100
b) Rs. 6240
c) Rs. 6500
d) Rs. 9600
e) Rs. 8600