Question

a 16% stock yielding 12% is quoted at ​

Answer 1

Given : 16% stock yielding 12%

To Find : Stock is Quoted at

Solution:

To get Rs. 12, investment = Rs. 100

To get Rs. 1 , investment =  Rs. 100 /12

To get Rs. 16, investment = Rs. 100/12 * 16 = Rs. 133.33

Quoted value of Rs. 100 stock = Rs 133.33

 

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