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: Option B
Solution(By Examveda Team)
For an income of Rs. 8, investment = Rs. 100.For an income of Rs. 6,
investment =
$$\eqalign{ & Rs.\,\left( {\frac{{100}}{8} \times 6} \right) \cr & = Rs.\,75 \cr} $$
∴ Market value of Rs. 100 stock = Rs. 75.
This Question Belongs to Arithmetic Ability >> Stocks And Shares
Related Questions on Stocks and Shares
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
A. Rs. 3100
B. Rs. 6240
C. Rs. 6500
D. Rs. 9600
A. $$12\frac{1}{2}$$ %
B. $$13\frac{1}{2}$$ %
C. 15%
D. $$16\frac{2}{3}$$ %
Which is better investment: 11% stock at 143 or $$9\frac{3}{4}$$% stock at 117?
A. 11% stock at 143
B. $$9\frac{3}{4}$$% stock at 117
C. Both are equally good
D. Cannot be compared, as the total amount of investment is not given.
A. Rs. 12
B. Rs. 15
C. Rs. 18
D. Rs. 21
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