Home
MCQ QUIZ APP DOWNLOAD

What is the correct answer?

4

A 12% stock yielding 10% is quoted at

A. Rs. 83.33

B. Rs. 110

C. Rs. 112

D. Rs. 120

Correct Answer :

D. Rs. 120


To earn Rs. 10, money invested = Rs. 100.
To earn Rs. 12, money invested = Rs. 10010 × 12 = Rs. 120.
Market value of Rs. 100 stock = Rs. 120.