Aptitude - Stocks and Shares - Discussion

Discussion Forum : Stocks and Shares - General Questions (Q.No. 12)
12.
A 12% stock yielding 10% is quoted at:
Rs. 83.33
Rs. 110
Rs. 112
Rs. 120
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.

Harshini said:   1 decade ago
I can't understand the explanation.

Sush said:   8 years ago
Rs 12 =10% of x.
then x =120.

Habibur Rahman said:   7 years ago
Why not 83.33m?


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