42.
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A 12% stock yielding 10% is quoted at:
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A.
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Rs. 83.33
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B.
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Rs. 110
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C.
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Rs. 112
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D.
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Rs. 120
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|
Answer: Option D
Explanation:
To earn Rs. 10, money invested = Rs. 100.
To earn Rs. 12, money invested = Rs.
|
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100
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x 12
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= Rs. 120.
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10
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Market value of Rs. 100 stock = Rs. 120.
