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?A man invested Rs. 3750 in 5 percent stock at 124.75and sells out at, 120.25 with the proceeds. I buy 4.50 percent??? stock at 119 3/4?

Find the change in his income (Br = 1/4 % to be charged in each trasaction )

??? (1) Rs. 10???? (2) Rs. 15?? (3) Rs.20???(4) NONE OF THESE.

Investment = Rs. 3750

???????? Buying? price = 124.75 + 1/4? = Rs. 125

???????? Income? =? 3750/125 X 5 = Rs 150

Selling price = 120.25 - 1/4 = Rs. 120

?????? Sale proceeds = 120/125? x 3750 = Rs. 3600

?????? Buying price of the 2nd stock = Rs 119.75 +1/4 =Rs !20

Income from the second stock = Rs 3600/ 120 x 9/2 = Rs 135

loss in income = 150 - 135 = Rs. 15 Ans.

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