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Stocks and Shares
A 6% stock yields 8%. The market value of the stock is:
Rs. 48
Rs. 75
Rs. 96
Rs. 133.33
Show Answer
Correct Answer:
Rs. 75
Explanation:
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6, investment = Rs.
❨
100
x 6
❩
= Rs. 75.
8
∴ Market value of Rs. 100 stock = Rs. 75.
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