Question

A 12% stock yielding 10% is quoted at:
(a) Rs. 87 (b) Rs. 112
(c) Rs. 112 (d) Rs. 120

Answer 1

112 is the correct answer

Answer 2

Answer:

D(120)

Step-by-step explanation:

Income of Rs 10 on investment of Rs 100

Income of Rs 12 on investment of ?

= (12*100)/10=120

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