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- Question
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
- Correct Answer
- 4200
ExplanationS.P of Rs. 5000 stock = = Rs. 7800.
Income from this stock = = Rs. 600.
Let investment in 8 % stock be x and that in 9 % stock = (7800 - x).
Therefore,
Therefore, Money invested in 8 % stock at 90 = Rs. 3600.
Money invested in 9 % at 108 = Rs. (7800-3600) = Rs. 4200.
- 1. 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
- 2. 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 Discuss
- 3. 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
- 4. 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
- 5. 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
- 6. A 12% stock yielding 10% is quoted at:
Options- A. 67
- B. 110
- C. 112
- D. 120 Discuss
- 7. 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
- 8. 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
- 9. 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:
Options- A. 107.04
- B. 648
- C. 500
- D. 648.60 Discuss
- 10. Find the cost of 96 shares of Rs. 10 each at 34 discount, brokerage being 1/4 per share.
Options- A. 912
- B. 921
- C. 920
- D. 900 Discuss
Stocks and Shares problems
Search Results
Correct Answer: Rs. 12.5%
Explanation:
By investing Rs 128, income derived = Rs. 16
By investing Rs. 100, income derived =Rs. (16/128*100) = Rs.12.5
Interest obtained = 12.5%
Correct Answer: 2298
Explanation:
By selling Rs. 100 stock , cash realised =
By selling Rs. 2400 stock, cash realised = = Rs 2298.
Correct Answer: Rs.600
Explanation:
Number of shares = =120.
Face value = Rs.(100 x 120) = Rs.12000.
Annual income = Rs (5/100*12000) = Rs. 600
Correct Answer: 96
Explanation:
To earn Rs. 135, investment = Rs. 1620.
To earn Rs. 8, investment = = Rs. 96.
Market value of Rs. 100 stock = Rs. 96.
Correct Answer: Rs.96.25
Explanation:
CP. = = Rs.96.25
Correct Answer: 120
Explanation:
To earn Rs. 10, money invested = Rs. 100.
To earn Rs. 12, money invested = = Rs. 120.
Market value of Rs. 100 stock = Rs. 120.
Correct Answer: Rs. 96
Explanation:
Michel earns Rs. 135 by investing Rs. 1620
To earn Rs. 8 how much he have to invest...?
= (8 x 1620)/135 = Rs. 96
Correct Answer: 9 3/4% stock at 117
Explanation:
Let investment in each case be Rs. (143 x 117).
Income in 1st case = Rs.
x 143 x 117 = Rs. 1287.
Income in 2nd case = Rs.
x 143 x 117= Rs. 1394.25
Clearly, 9 3/4% stock at 117 is better.
Correct Answer: 648
Explanation:
Number of shares = = 540.
Face value = Rs. (540 x 10) = Rs. 5400.
Annual income = = Rs. 648.
Correct Answer: 912
Explanation:
Cost of 1 share =
Cost of 96 shares = = Rs. 912.
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