# A 12% stock yielding 10% is quoted at:

Option :

Explanation:

Solution:
$\begin{array}{rl}& \text{To}\phantom{\rule{thinmathspace}{0ex}}\text{earn}\phantom{\rule{thinmathspace}{0ex}}\text{Rs}\text{.}\phantom{\rule{thinmathspace}{0ex}}\text{10,}\phantom{\rule{thinmathspace}{0ex}}\text{money}\phantom{\rule{thinmathspace}{0ex}}\text{invested}\\ & =Rs.\phantom{\rule{thinmathspace}{0ex}}100.\\ & \text{To}\phantom{\rule{thinmathspace}{0ex}}\text{earn}\phantom{\rule{thinmathspace}{0ex}}\text{Rs}\text{.}\phantom{\rule{thinmathspace}{0ex}}\text{12,}\phantom{\rule{thinmathspace}{0ex}}\text{money}\phantom{\rule{thinmathspace}{0ex}}\text{invested}\\ & =Rs.\phantom{\rule{thinmathspace}{0ex}}\left(\frac{100}{10}×12\right)=Rs.\phantom{\rule{thinmathspace}{0ex}}120.\\ & \therefore \text{Market}\phantom{\rule{thinmathspace}{0ex}}\text{value}\phantom{\rule{thinmathspace}{0ex}}\text{of}\phantom{\rule{thinmathspace}{0ex}}Rs.\phantom{\rule{thinmathspace}{0ex}}100\phantom{\rule{thinmathspace}{0ex}}\text{stockas}=Rs.\phantom{\rule{thinmathspace}{0ex}}120\end{array}$

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