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Stocks and Shares

Q1:

A 12% stock yielding 10% is quoted at:

A Rs. 83.33

B Rs. 110

C Rs. 112

D Rs. 120

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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