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1. A 12% stock yielding 10% is quoted at:

A. Rs. 83.33

B. Rs. 110

C. Rs. 112

D. Rs. 120

Solution:

\begin{aligned} To earn Rs . 10, money invested \\ = R s . 100. \\ To earn Rs . 12, money invested \\ = R s . (\frac{100}{10} \times 12) = R s . 120 \\ ∴ Market value of R s . 100 stocks = R s . 120 \end{aligned}

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