Quantitative Aptitude :: Stocks and Shares - Discussion
Home > Quantitative Aptitude > Stocks and Shares > MCQs Questions Discussion
5 / 40
Choose the correct option.
A 12% stock yielding 10% is quoted at:
A110
B112
C120
D67
Answer: Option (Login/Signup)
Show Explanation
Asked In ::
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. 12, money invested = Rs. ( 100 / 10 ) x 12
= Rs. 120
Hence, Market Value of Rs. 100 stock = Rs. 120
Read Full Answer
Report Error
Please Login First Click Here