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Q1
:
A 12% stock yielding 10% is quoted at:
A
Rs. 83.33
B
Rs. 120
C
Rs. 112
D
Rs. 110
Solution
ANS:
D
- Rs. 120
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.
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