1.  In order to obtain an income of ₹ 650 from 10% stock at ₹ 96, one must make an investment of:
A. ₹ 3100
B. ₹ 6240
C. ₹ 6500
D. ₹ 9600

Answer: Option B

Explanation:

To obtain ₹ 10, investment = ₹ 96.

To obtain ₹ 650, investment = ₹ 96 x 650
10
 = ₹ 6240.