Ram invests Rs. 46500 in 6% stock at Rs. 93 and sells the stock when its price rose to Rs. 95. He invests the sale proceeds in 9% stock at Rs. 95. Find out the change in Ram's income.
A man wishes to invest Rs 2490. He invests Rs 900 in 7/2% stock at 75 , Rs 850 in 3% at 68 and the remainder in 6% stock. If the total yield from his investment in 5% , at what price does he buy the 6% stock?
