A 12% stock yielding 10% is quoted at:

Question:
A 12% stock yielding 10% is quoted at:

[A].

Rs. 83.33

[B].

Rs. 110

[C].

Rs. 112

[D].

Rs. 120

Answer: Option D

Explanation:

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

To earn Rs. 12, money invested = Rs.		100	x 12		= Rs. 120.
		10

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