A 12% stock yielding 10% is quoted at:
A 12% stock yielding 10% is quoted at:
[A].
[B].
[C].
[D].
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.
A 12% stock yielding 10% is quoted at: Read More »
Aptitude, Stocks And Shares