A 12% item produces 20%. The market value of the item is:
Choose the correct choice.
A) Rs. 55  B) Rs. 60  C) Rs. 40  D) Rs. 65  E) Rs. 70
Let the face value of the item is Rs.100   It produces Rs.12   Market value of the stock=(12/20)*100=Rs.60   ANSWER:Rs. 60
<result>B</result>
A 12% item produces 20%. The market value of the item is: