by investing rs . 1800 in 9 % stock , syam earns rs . 120 . find out the stock is then quoted at which rate ?
"assume that face value = rs . 100 . dividend per share = rs . 9 ( as it is a 9 % stock ) by investing rs . 1800 , he earns rs . 120 investment needed to earn rs . 9 = 1800 × 9 / 120 = rs . 135 ie , stock is then quoted ( then market value ) = rs . 135 answer is b ."
multiply(multiply(divide(1800, 120), divide(9, const_100)), const_100)