A man invested Rs 27,000 in 12 1/2 % stock at 108 ,then his yield percentage is?
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2
Answer:
Correct Option: B
Value of ₹ 100 stock = ₹ 108
∵ Income on investing ₹ 108 = ₹
25
2
∴ Income on investment of ₹ 27000
= ₹
25
× 27000 = ₹ 3125
2 × 108
∴ Gain per cent
=
3125
× 100
27000
625
= 11
31
%
54 54
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