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.
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