40.A 12% stock yielding 10% is quoted at
A. Rs. 83.33 B. Rs.110
C. Rs.112 D. Rs. 120
Answer:Option:D
To earn Rs. 10, money invested = Rs. 100
To earn Rs. 12, money invested = Rs. (100/10 x 12)
= Rs. 120.
Market value of Rs. 100 stockmoney invested = Rs. 120.
