In order to obtain an income of Rs. 450 from 10% stock at Rs. 108, one must make an investment of  Choose the correct choice from the following options:
A) 5363 B) 6240 C) 4860 D) 1987 E) 2732
To obtain Rs. 10, investment   = Rs. 108.   To obtain Rs. 450, investment =   = Rs. 4860.   Answer: 4860
<result>C</result>
In order to obtain an income of Rs. 450 from 10% stock at Rs. 108, one must make an investment of