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Q1
:
A 6% stock yields 8%. The market value of the stock is:
A
Rs. 96
B
Rs. 48
C
Rs. 133.33
D
Rs. 75
Solution
ANS:
B
- Rs. 75
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6, investment = Rs.
100
x 6
= Rs. 75.
8
Market value of Rs. 100 stock = Rs. 75.
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