Quantitative Aptitude :: Stocks and Shares - Discussion
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Choose the correct option.
Find the market value of the stock if 6% yields 10%.
A70
B80
C100
D60
Answer: Option (Login/Signup)
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STEP-BY-STEP
To earn Rs. 10, money invested = Rs. 100
Similarly, to earn Re. 1, money invested = Rs. ( 100 / 10 )
Therefore, to earn Rs. 6, money invested = Rs. ( 100 / 10 ) x 6
= Rs. 60
Hence, Market Value of Rs. 100 stock = Rs. 60
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