60.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. 120
|
= Rs.
|
|
100
|
x 12
|
|
= Rs. 120
|
10
|
Market value of Rs. 100 stockmoney invested = Rs. 120.
