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Which of the following are the true?

A. The cost of Rs.7200 , 8% stock at Rs.90 is Rs.6480.

B. The cost of Rs.4500 , 8.5% stock at 4% premium is Rs.4680.

C. The cost of Rs.6400 , 10% stock at 15% discount is Rs.5440.

D. The cost of Rs.7200 , 8% stock at Rs.90 is Rs.5961.60.

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 2

Cost equals face value multiplied by market price per ₹100.

A: 7200100×90=₹6480\dfrac{7200}{100}\times90 = ₹6480, true, so D (₹5961.60) is false.

B: at 4%4\% premium the price is 104104, giving 45×104=₹468045\times104 = ₹4680, true.

C: at 15%15\% discount the price is 8585, giving 64×85=₹544064\times85 = ₹5440, true.

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