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Choose the correct option.
A 6% stock yields 8% . The market value of the stock is :
ARs.75
BRs.96
CRs.133.33
DRs.48
Answer: Option (Login/Signup)
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STEP-BY-STEP
To earn Rs. 8, money invested = Rs. 100
Similarly, to earn Re. 1, money invested = Rs. ( 100 / 8 )
Therefore, to earn Rs. 6, money invested = Rs. ( 100 / 8 ) x 6
= Rs. 75
Hence, Market Value of Rs. 100 stock = Rs. 75
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