The market value of a 10.5% stock, in which an income of Rs. 756 is derived by i

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Question
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 14 % is :
Options
A. Rs.108.25
B. Rs.112.20
C. Rs.124.75
D. Rs.125.25

Correct Answer

Rs.124.75

Explanation

For an income of Rs.756, investment = Rs.9000

For an income of Rs. $\frac{21}{2}$ , investment = $R s . (\frac{9000}{756} * \frac{21}{2})$ = Rs.125

For a Rs.100 stock, investment = Rs.125.

Market value of Rs. 100 stock = $R s . (125 - \frac{1}{4})$ = Rs. 124.75

Stocks and Shares problems

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1. 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

2. 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

3. 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

4. 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

5. 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

6. 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:
Options
A. 3:5
B. 2:1
C. 16:15
D. 4:5

7. A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :
Options
A. Rs.80
B. Rs.115.20
C. Rs.120
D. Rs.125.40

8. The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4%, is:
Options
A. 108.25
B. 112.20
C. 124.75
D. 125.25

9. A man buys Rs. 25 shares in company which pays 9 % dividend. The money invested is such that it gives 10 % on investment. At what price did he buy the shares?
Options
A. 22.50
B. 22
C. 20.45
D. 12.50

10. A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
Options
A. 8.5%
B. 7.5%
C. 8%
D. 9%

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