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- Question
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
- Correct Answer
- Rs. 96
ExplanationMichel earns Rs. 135 by investing Rs. 1620
To earn Rs. 8 how much he have to invest...?= (8 x 1620)/135 = Rs. 96
- 1. A 12% stock yielding 10% is quoted at:
Options- A. 67
- B. 110
- C. 112
- D. 120 Discuss
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. 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
- 7. 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
- 8. 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
- 9. The cash realised on selling a 14% stock is Rs.106.25, brokerage being 1/4% is
Options- A. 123
- B. 106
- C. 100
- D. 156 Discuss
- 10. Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children?s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ?
Options- A. Rs. 34000
- B. Rs. 31245
- C. Rs. 24315
- D. Rs. 28000 Discuss
Stocks and Shares problems
Search Results
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: 4200
Explanation:
S.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.
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: 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.
Correct Answer: 106
Explanation:
Cash realised= Rs. (106.25 - 0.25)
= Rs. 106.
Correct Answer: Rs. 28000
Explanation:
Let the monthly salary of Shankar be = Rs.x
Amount invested on expenditure = 25% = x/4;
Remaning amount = 3x/4;
Amount invested on children education = 20% i.e = 3x/20;
Remaining amount = 3x/4 - 3x/20 = 3x/5;
Remaining amount invested in three different schemes i.e is 1/3(3x/5)
=> x/5 = 5600
Therefore x = 28000
Hence, Monthly salary of Shankar is Rs. 28,000.
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