Discussion of Question with ID = 075 under Stocks-and-Shares

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Question

If dividend income after investing Rs. 6100 in a 8% stock is Rs. 400, then what is the value of the stock?

A

Rs. 122.

B

Rs. 132.

C

Rs. 112.

D

Rs. 142.

Soln.
Ans: a

Let the value be Rs. V. The income is $8/V$ × 6100 = Rs. 400. Solving, we get V = Rs. 122.


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