A 14% stock yielding 8% is quoted at:
Rs. 125
Rs. 83.33
Rs. 120
Rs. 175
Explanation:
Assume that face value = Rs.100 as it is not given
To earn Rs.8, money invested = Rs.100
To earn Rs.14, money invested = $\dfrac{100 \times 14}{8}$ = Rs.175
ie, market value of the stock = Rs.175