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  1. Find the income by investing $ 81000 in 9% stock at 135.
    1. $ 5500
    2. $ 6400
    3. $ 5400
    4. $ 6000
Correct Option: C

Here, the market value of the stock = $ 81000.
By investing $ 135, stock of par value $ 100 is available
∴ Income on $ 135 is $ 9.

∴ Income on $ 81000 = $Income on $ 135x market value of the stock
investment

= $9x 81000 = $ 5400
135



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