47. 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: Rs. 75
Explanation: For an income of Rs. 8, investment = Rs. 100
For an income of Rs. 6, investment = Rs. 100/8 * 6 = Rs. 75.
Market value of Rs. 100 stock = Rs. 75.