In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
A. Rs. 3100
B. Rs. 6240
C. Rs. 6500
D. Rs. 9600
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A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 2 1 . The rate of interest obtained is:
A. 12 2 1 %
B. 13 2 1 %
C. 15%
D. 16 3 2 %
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Which is better investment: 11% stock at 143 or 9 4 3 % stock at 117?
A. 11% stock at 143
B. 9 4 3 % stock at 117
C. Both are equally good
D. Cannot be compared, as the total amount of investment is not given.
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A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
A. Rs. 12
B. Rs. 15
C. Rs. 18
D. Rs. 21
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By investing in 16 3 2 % stock at 64, one earns Rs. 1500. The investment made is:
A. Rs. 5640
B. Rs. 5760
C. Rs. 7500
D. Rs. 9600
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A 6% stock yields 8%. The market value of the stock is:
A. Rs. 48
B. Rs. 75
C. Rs. 96
D. Rs. 133.33
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A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:
A. Rs. 207.40
B. Rs. 534.60
C. Rs. 648
D. Rs. 655.60
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Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:
A. Rs. 4800
B. Rs. 5000
C. Rs. 5400
D. Rs. 5600
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A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio:
A. 3 : 4
B. 3 : 5
C. 4 : 5
D. 16 : 15
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By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:
A. Rs. 80
B. Rs. 96
C. Rs. 106
D. Rs. 108
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A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
A. 7.5%
B. 8%
C. 9.7%
D. None of these
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A 12% stock yielding 10% is quoted at:
A. Rs. 83.33
B. Rs. 110
C. Rs. 112
D. Rs. 120
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The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 4 1 %, is:
A. Rs. 108.25
B. Rs. 112.20
C. Rs. 124.75
D. Rs. 125.25
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The cost price of a Rs. 100 stock at 4 discount, when brokerage is 4 1 % is:
A. Rs. 95.75
B. Rs. 96
C. Rs. 96.25
D. Rs. 104.25
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Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A. Rs. 4000
B. Rs. 4500
C. Rs. 5500
D. Rs. 6000
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Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or 14 7 2 % stock at 120 free from income tax ?
A. 12% stock
B. 14\frac{2}{7}\ % stock
C. Both are equally good
D. Cannot be compound
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The income derived from a Rs. 100, 13% stock at Rs. 105, is -
A. Rs. 5
B. Rs. 8
C. Rs. 13
D. Rs. 18
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A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction ?
A. Rs. 95
B. Rs. 114
C. Rs. 132
D. None of these
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The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 4 1 %, is-
A. Rs. 105.50
B. Rs. 106
C. Rs. 106.50
D. Rs. 113.75
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A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock at Rs. 110 which pays a dividend of 15%. How much does he gain or lose ?
A. Loses Rs. 48
B. Gains Rs. 48
C. Loses Rs. 132
D. Gains Rs. 132
Select an option to see the answer and solution.