A 6% stock yields 8%. The market value of the stock is

A. Rs. 48

B. Rs. 75

C. Rs. 96

D. Rs. 133.33

Correct Answer :

B. Rs. 75

For an income of Rs. 8, investment = Rs. 100. For an income of Rs. 6, investment = $Rs.\left(\frac{100}{8}x6\right)=Rs.75.$ $\therefore $Market value of Rs. 100 stock = Rs. 75.