A 12% stock yielding 10% is quoted at: Options: A . &nbspRs. 83.33 B . &nbspRs. 110 C . &nbspRs. 112 D . &nbspRs. 120

A 12% stock yielding 10% is quoted at:

Question

A 12% stock yielding 10% is quoted at:

Options:

A . Rs. 83.33

B . Rs. 110

C . Rs. 112

D . Rs. 120

Answer: Option D

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

To earn Rs. 12, money invested = Rs. $\left(\frac{100}{10}\times12\right)$ = Rs. 120.

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

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