Stocks And Shares Q21

21.	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

Answer: Option B

Explanation:

For an income of Rs. 8, investment = Rs. 100.

For an income of Rs. 6, investment = Rs.		100	x 6		= Rs. 75.
		8

 Market value of Rs. 100 stock = Rs. 75.