Aptitude - Stocks and Shares - Discussion

Discussion Forum : Stocks and Shares - General Questions (Q.No. 6)
6.
A 6% stock yields 8%. The market value of the stock is:
Rs. 48
Rs. 75
Rs. 96
Rs. 133.33
Answer: Option
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.

Discussion:
22 comments Page 3 of 3.

M.V.KRISHNA/PALVONCHA said:   1 decade ago
Here we are comparing on percentages so 100% is taken as 100 rupees for easy calculation.

Vvsdgdttr said:   1 decade ago
From where did 100 came?


Post your comments here:

Your comments will be displayed after verification.