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  1. By investing Rs. 1100 in a 51/2% stock one earns Rs. 77. The stock is then quoted at ?
    1. Rs. 93
    2. Rs. 107
    3. Rs. 784/7
    4. Rs. 973/4
Correct Option: C

To earn Rs. 77, investment = Rs. 1100
To earn Rs. 11/2, investment = (1100 / 77) x (11/2) = Rs. 784/7


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