Q6
A 6% stock yields 8%. The market value of the stock is:
A.
Rs. 48
B.
Rs. 75
AnswerC.
Rs. 96
D.
Rs. 133.33
Answer: Option B
Solution
Answer: Option B
Solution:
For an income of Rs. 8, investment = Rs. 100.For an income of Rs. 6,
investment =
∴ Market value of Rs. 100 stock = Rs. 75.