Quantitative Aptitude :: Stocks and Shares - Discussion
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Choose the correct option.
A 9% stock yields 8%. The market value of the stock is:
ARs. 116.50
BRs. 90
CRs.112.50
DRs. 72
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To earn Rs. 8, money invested = Rs. 100
Similarly, to earn Re. 1, money invested = Rs. ( 100 / 8 )
Therefore, to earn Rs. 9, money invested = Rs. ( 100 / 8 ) x 9
= Rs. ( 225 / 2 )
= Rs. 112.50
Hence, Market Value of Rs. 100 stock = Rs. 112.50
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