Arithmetic Ability
Stocks and Shares

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Q.

A 12% stock yielding 10% is quoted at:

View Answer

Correct choice: D

Explanation:

To earn Rs. 10, money invested = Rs. 100. To earn Rs. 12, money invested =Rs.(100/10*12) = Rs. 120. Market value of Rs. 100 stock = Rs. 120.
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