⟩ Explain net income?
Revenues and gains minus expenses and losses.
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A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is A. Rs. 12 B. Rs. 15 C. Rs. 18 D. Rs. 21
The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is A. Rs. 360 B. Rs. 432 C. Rs. 540 D. Rs. 1080
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of A. Rs. 3100 B. Rs. 6240 C. Rs. 6500 D. Rs. 9600
The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is A. Rs. 20 B. Rs. 24 C. Rs. 16 D. Rs. 12
