Aptitude - Stocks and Shares - Discussion
|
|
|
|
Read more:"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."
- Albert Einstein
|
| 6. |
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 E
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.
|
|
Vvsdgdttr said:
(Fri, Sep 16, 2011 06:33:26 PM)
|
|
| |
| From where did 100 came? |
|
M.V.Krishna/Palvoncha said:
(Thu, Jan 12, 2012 08:56:33 PM)
|
|
| |
| Here we are comparing on percentages so 100% is taken as 100 rupees for easy calculation. |
|
|
