A. Rs. 207.40
B. Rs. 534.60
C. Rs. 648
D. Rs. 655.60
A 6% stock yields 8%. The market value of the stock is:
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 ?