In order to obtain an income of Rs. 1000 from 50% stock at Rs. 500, one must make an investment of	Choose one.
A) Rs.17000  B) Rs.16050  C) Rs.15400  D) Rs.10000  E) Rs.10500
Explanation :   Market Value = Rs.500.   Required Income = Rs. 1000.   Here face value is not given. Take face value as Rs.100 if it is not given in the question   To obtain Rs.50 (ie,50% of the face value 100), investment = Rs.500   To obtain Rs.1000, investment = 500/50Ã—1000=10000   Answer : Option Rs.10000
<result>D</result>
In order to obtain an income of Rs. 1000 from 50% stock at Rs. 500, one must make an investment of