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Ishan Sinha

· started a discussion

· 1 Months ago

explanation (Question: 221441.0 )

Can you please explain the method?

Question:
A man invested Rs. 27,000 in 12 \(\cfrac{1}{2}\)% stock at 108, then his yield percentage is - 
Options:
A) 18 \(\cfrac{3}{4}\) %
B) 11 \(\cfrac{31}{54}\) %
C) 15%
D) 8 \(\cfrac{1}{2}\) %
Solution:

Ans: (b)

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
Explanation-
108 rs. = 100 shares
1 share's value =100/108
27000 Rs = 100/108 * 27000
= 25000
It means actual value of shares is =25000
here profit calculated behalf of investment Rs= 27000

thus % = 25000*12.5%/27000 * (100) = 11 31/54 %

I hope you got it.

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