The cash required to purchase ₹15,500 - CUETMOCK

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Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

The cash required to purchase ₹15,500 of 8.5% stock at 105, brokerage being ₹2 is :

Options:

₹16,500

₹16,225

₹16,585

₹16,750

Correct Answer:

₹16,585

CUET Questions