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  • math & puzzles Online Quiz - 90
  • A 12% stock yielding 10% is quoted at:
Multiple choice general knowledge math & puzzles

A 12% stock yielding 10% is quoted at:

  1. 83.33

  2. 110

  3. 112

  4. 120

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A 12% stock means a Rs.100 face value yields Rs.12. If the market yield is 10%, then 10% of the Market Value = Rs.12. Market Value = 12 / 0.10 = 120. Thus, the stock is quoted at 120.

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