A man buys Rs. 25 shares in company which pays 9 % dividend. The money invested

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Question
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

Correct Answer

22.50

Explanation

Suppose he buys each share for Rs. x.

Then, $R s . (25 * \frac{9}{100}) = (x * \frac{10}{10})$ or x = Rs. 22.50.

Cost of each share = Rs. 22.50.

Stocks and Shares problems

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1. 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

2. 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

3. 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

4. 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

5. 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

6. 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%

7. Find the cost of Rs. 4500, 8.5% stock at 4 premium?
Options
A. 1400
B. 5000
C. 4000
D. 4680

8. The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 14 %, is :
Options
A. RS.105.50
B. RS.106
C. RS.106.50
D. RS.113.75

9. A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 12 . The rate of interest obtained is:
Options
A. 13%
B. 12
C. 15%
D. 16%

10. A 6% stock yields 8%. The market value of the stock is:
Options
A. 70
B. 76
C. 75
D. 80

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