Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 12)
12.
A 12% stock yielding 10% is quoted at:
Answer: Option
Explanation:
To earn Rs. 10, money invested = Rs. 100.
| To earn Rs. 12, money invested = Rs. |  |
100 | x 12 |  |
= Rs. 120. |
| 10 |
Market value of Rs. 100 stock = Rs. 120.
Discussion:
13 comments Page 2 of 2.
Nitish said:
1 decade ago
D*F.V = I*M.V.
Here,
d = dividend, f.v = face value, m.v = market value,
So,12*100 = 10*x.
=>x=120.
Here,
d = dividend, f.v = face value, m.v = market value,
So,12*100 = 10*x.
=>x=120.
Rahul said:
1 decade ago
It should be A.
Let stock be quoted as x
12% of x =10
x=83.33.
Let stock be quoted as x
12% of x =10
x=83.33.
Harshini said:
1 decade ago
I can't understand the explanation.
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