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Examveda

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

D. Rs 55.00

Answer: Option C

Solution(By Examveda Team)

Beginning price = Capital gain / Capital gains yeild percentage
= Rs. 3 / 6% = Rs. 50.00

This Question Belongs to Commerce >> Financial Management

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