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Discussion :: Stocks and Shares

  1. A 12% stock yielding 10% is quoted at:

    2. A.

    Rs. 83.33
    B.

    Rs. 110
    C.

    Rs. 112
    D.

    Rs. 120

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    Answer : Option D

    Explanation :

    To earn Rs. 10, money invested = Rs. 100.

     

    To earn Rs. 12, money invested = Rs\([\frac { 1 00} { 10 }*12]\)= Rs. 120.

     

     Market value of Rs. 100 stock = Rs. 120.

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