Practice | Hashtable

Home > Practice > Arithmetic Aptitude > Stocks and Shares > Miscellaneous

1. A 6% stock yields 8%. The market value of the stock is:

A. Rs. 48

B. Rs. 75

C. Rs. 96

D. Rs. 133.33

Solution:

For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6,
investment =

\begin{aligned} R s . (\frac{100}{8} \times 6) \\ = R s . 75 \end{aligned}

∴ Market value of Rs. 100 stock = Rs. 75.

You must login to add comments. Login now.