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.
Habibur Rahman said:
7 years ago
Why not 83.33m?
Bhaskar said:
6 years ago
Can anyone tell me the meaning of "yeild" in the question?
SERGI said:
5 years ago
@All.
we don't know face value ,so consider 100
we don't know the investment, so consider 100
take market value 'x'
now
*question in detail*
a stock bought at 12% of face value if sold at 'x' market value would yield 10% of face value
{12% of face value ÷ x }* investment = 10% of face value.
{ (12/100) ÷ x } * 100 = 10/100.
Simplify ,
12÷x = 10/100,
x=120.
we don't know face value ,so consider 100
we don't know the investment, so consider 100
take market value 'x'
now
*question in detail*
a stock bought at 12% of face value if sold at 'x' market value would yield 10% of face value
{12% of face value ÷ x }* investment = 10% of face value.
{ (12/100) ÷ x } * 100 = 10/100.
Simplify ,
12÷x = 10/100,
x=120.
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