Stocks and Shares Practice Test 1

Question : 18 of 40

Marks: +1, -0

Aman wants to purchase 8% stock which must yield 10% on his capital. So at what cost must he buy the stock?

Solution:

If income is Rs 10, then investment = Rs 100
If income is Rs 8, then investment

=100 /10× 8

= Rs 80

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