the market value of a 10.5 % stock , in which an income of rs . 756 is derived by investing rs . 7000 , brokerage being 1 / 4 % , is :
"face value = rs . 7000 . dividend = 10.5 % . annual income = rs . 756 . brokerage per rs . 100 = rs . 0.25 . dividend is always paid on the face value of a share . face value * dividend / ( market value + brokerage per rs . 100 ) = annual income . = 7000 * 10.5 / 756 = market value of rs . 100 stock + brokerage per rs . 100 . = market value of rs . 100 stock + brokerage per rs . 100 = rs . 97.22 . = market value of rs . 100 stock = rs . 97.22 - re . 0.25 . = market value of rs . 100 stock = rs . 96.97 answer : a"
subtract(multiply(divide(7000, 756), 10.5), divide(1, 4))