By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. find out the stock is then quoted at which rate?	Choose the correct choice from the following answers.
A) 130  B) 135  C) 140  D) 150  E) 145
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 135.
<result>B</result>
By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. find out the stock is then quoted at which rate?