Anu invested Rs., 32400 in 8 % stock at 90. S | vedclass

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(B) Initial investment $= Rs.\, 32400$ at $90$.Face value of stock purchased $= (32400 / 90) 	imes 100 = Rs.\, 36000$.Initial income $= (8 / 100) 	i

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$720$

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(B) Initial investment $= Rs.\, 32400$ at $90$.Face value of stock purchased $= (32400 / 90) 	imes 100 = Rs.\, 36000$.Initial income $= (8 / 100) 	imes 36000 = Rs.\, 2880$.Sale proceeds from $Rs.\, 18000$ stock at $95 = (95 / 100) 	imes 18000 = Rs.\, 17100$.Sale proceeds from remaining $Rs.\, 18000$ stock at $98 = (98 / 100) 	imes 18000 = Rs.\, 17640$.Total sale proceeds $= 17100 + 17640 = Rs.\, 34740$.New investment $= Rs.\, 34740$ in $10 \%$ stock at $96.5$ (or $193/2$).Face value of new stock $= (34740 / 96.5) 	imes 100 = 36000$.New income $= (10 / 100) 	imes 36000 = Rs.\, 3600$.Change in income $= 3600 - 2880 = Rs.\, 720$.

Anu invested $Rs.\, 32400$ in $8 \%$ stock at $90$. She sold $Rs.\, 18000$ stock when the price rose to $Rs.\, 95$ and the remaining stock at $Rs.\, 98$. She invested the total sale proceeds in $10 \%$ stock at $96 \frac{1}{2}$. Find the change in income of Anu (in $Rs.$).

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