A man invests Rs. 27600 in 4 % stock at 92. H | vedclass

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(A) Stock purchased by investing $Rs. 27600$ in $4 \%$ stock at $92$ is calculated as:$= Rs. \left(\frac{27600 	imes 100}{92}ight) = Rs. 30000$.Mon

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Gain $= Rs. 600$

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(A) Stock purchased by investing $Rs. 27600$ in $4 \%$ stock at $92$ is calculated as:$= Rs. \left(\frac{27600 	imes 100}{92}ight) = Rs. 30000$.Money realized by selling $Rs. 20000$ stock at a market value of $Rs. 96$ is:$= Rs. \left(\frac{20000 	imes 96}{100}ight) = Rs. 19200$.Remaining stock $= Rs. (30000 - 20000) = Rs. 10000$.Money realized by selling the remaining $Rs. 10000$ stock at $Rs. 90$ is:$= Rs. \left(10000 	imes \frac{90}{100}ight) = Rs. 9000$.Total money realized by selling the whole stock $= Rs. (19200 + 9000) = Rs. 28200$.Money invested $= Rs. 27600$.Gain $= Rs. (28200 - 27600) = Rs. 600$.

$A$ man invests $Rs. 27600$ in $4 \%$ stock at $92$. He sold $Rs. 20000$ stock when the price rose to $Rs. 96$,and sold the remaining stock when the market value fell to $Rs. 90$. How much does he gain or loss in the transaction?

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