In order to obtain an income of Rs. 15000 from 80% stock at Rs. 200, one must make an investment of Choose the correct choice from the following choices
A) rs . 30000 B) rs . 37000 C) rs . 37500 D) rs . 40000 E) rs . 40500

Rationale: "explanation : market value = rs . 200 . required income = rs . 15000 . here face value is not given . take face value as rs . 100 if it is not given in the question to obtain rs . 80 ( ie , 80 % of the face value 100 ) , investment = rs . 200 to obtain rs . 15000 , investment = 200 / 80 ã — 15000 = rs . 37500 answer : option c"
Answer: C