Question:A 9% stock yields 8%. The market value of the stock is : 

A Rs. 72 
B Rs. 90 
C Rs. 116.50 
D Rs. 112.50 

+ Answer
D 

+ Explanation
To obtain Rs.8, investment = Rs. 100

To obtain Rs. 9, investment `= Rs. (100/8 xx 9)`

   `= Rs. 112.50.`

:. Market value of Rs. 100 stock = Rs. 112.50

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