Stocks and Shares - Arithmetic Aptitude Questions and Answers

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A 12% stock yielding 10% is quoted at:

Rs. 83.33

Rs. 110

Rs. 112

Rs. 120

Answer : Option D

Explanation :

To earn Rs. 10, money invested = Rs. 100.

To earn Rs. 12, money invested = Rs $[\frac { 1 00} { 10 }*12]$ = Rs. 120.

Market value of Rs. 100 stock = Rs. 120.

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