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What is the correct answer?
4
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 =
R
s
.
100
8
x
6
=
R
s
.
75
.
∴
Market value of Rs. 100 stock = Rs. 75.
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