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Home Aptitude Stocks and Shares Comments

  • Question
  • Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discount (brokerage 1/4 %)


  • Options
  • A. 2000
  • B. 2298
  • C. 2290
  • D. 2289

  • Correct Answer
  • 2298 

    Explanation

    By selling Rs. 100 stock , cash realised =  R s . 100 - 4 - 1 4 = R s . 383 4   

     

    By selling Rs. 2400 stock, cash realised = R s . 383 4 * 1 100 * 2400  = Rs 2298.


  • Stocks and Shares problems


    Search Results


    • 1. A man invested Rs. 14,400 in Rs. 100 shares of a company at 20% premium. If his company declares 5% dividend at the end of the year, then how much does he get?

    • Options
    • A. Rs.500
    • B. Rs.600
    • C. Rs.650
    • D. Rs.720
    • Discuss
    • 2. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

    • Options
    • A. 80
    • B. 96
    • C. 106
    • D. 108
    • Discuss
    • 3. The cost price of a Rs.100 stock at 4 discount, when brokerage is 14 % is :

    • Options
    • A. Rs.95.75
    • B. Rs.96
    • C. Rs.96.25
    • D. Rs.104.25
    • Discuss
    • 4. In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

    • Options
    • A. 3100
    • B. 6240
    • C. 6500
    • D. 9600
    • Discuss
    • 5. A 6% stock yields 8% . The market value of the stock is :

    • Options
    • A. Rs.48
    • B. Rs.75
    • C. Rs.96
    • D. Rs.133.33
    • Discuss
    • 6. A man invests in a 16% stock at 128. The interest obtained by him is :

    • Options
    • A. Rs. 8%
    • B. Rs. 12%
    • C. Rs. 12.5%
    • D. Rs. 16%
    • Discuss
    • 7. A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?

    • Options
    • A. 4000
    • B. 4200
    • C. 4002
    • D. 4020
    • Discuss
    • 8. A 12% stock yielding 10% is quoted at:

    • Options
    • A. 67
    • B. 110
    • C. 112
    • D. 120
    • Discuss
    • 9. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at ?

    • Options
    • A. Rs. 145
    • B. Rs. 245.1
    • C. Rs. 96
    • D. Rs. 75
    • Discuss
    • 10. Which is better investment : 11% stock at 143 (or) 9 3/4% stock at 117 ?

    • Options
    • A. Both are equally good
    • B. 9 3/4% stock at 117
    • C. Cannot be compared, as the total amount of investment is not given
    • D. 11% stock at 143
    • Discuss


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