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Management · Q888

Financial Management

Graduate and Post Graduate · Management · question 888

Q888

Capital gain is Rs 3 and capital gains yield is 6% then beginning price will be

A.
Rs 18.00
B.
Rs 36.00
C.
Rs 50.00
Answer
D.
Rs 55.00

Answer: Option C

Solution

Answer: Option C
Solution:
Beginning price = Capital gain / Capital gains yeild percentage
= Rs. 3 / 6% = Rs. 50.00