Rs 18.00
Rs 36.00
Rs 50.00
Rs 55.00
Answer is Right!
Answer is Wrong!
The correct answer is A. Rs 18.00.
Capital gains yield is the annualized rate of return on an investment, expressed as a percentage of the investment’s purchase price. It is calculated by dividing the capital gain by the purchase price and multiplying by 100.
In this case, the capital gain is Rs 3 and the capital gains yield is 6%. Therefore, the purchase price is Rs 18.00.
Here is a brief explanation of each option:
- Option A: Rs 18.00. This is the correct answer. The purchase price is Rs 18.00.
- Option B: Rs 36.00. This is incorrect. The purchase price is Rs 18.00, not Rs 36.00.
- Option C: Rs 50.00. This is incorrect. The purchase price is Rs 18.00, not Rs 50.00.
- Option D: Rs 55.00. This is incorrect. The purchase price is Rs 18.00, not Rs 55.00.