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1. A 12% stock yielding 10% is quoted at:
(A): Rs. 110
(B): Rs. 112
(C): Rs. 120
(D): Rs. 83.33
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By: guest on 01 Jun 2017 05.48 pm
To earn Rs. 10, money invested = Rs. 100. To earn Rs. 12, money invested = Rs. 100 x 12 = Rs. 120. 10 Market value of Rs. 100 stock = Rs. 120.
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