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  • Question

  • A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:


  • Options
  • A. Rs. 12
  • B. Rs. 15
  • C. Rs. 18
  • D. Rs. 21

  • Correct Answer
  • Rs. 15 

    Explanation

    Dividend on Rs. 20 = Rs. ❨ 9 x 20 ❩ = Rs. 9 .
    100 5

    Rs. 12 is an income on Rs. 100.

    ∴ Rs. 9 is an income on Rs. ❨ 100 x 9 ❩ = Rs. 15.
    5 12 5

    Stocks and Shares problems

    Search Results

    • 1. A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13½. The rate of interest obtained is:

    • Options
    • A.
      12 1 %
      2
    • B.
      13 1 %
      2
    • C. 15%
    • D.
      16 2 %
      3
      • Discuss
    • 2. In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

    • Options
    • A. Rs. 3100
    • B. Rs. 6240
    • C. Rs. 6500
    • D. Rs. 9600
      • Discuss
    • 3. The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being ¼%, is:

    • Options
    • A. Rs. 108.25
    • B. Rs. 112.20
    • C. Rs. 124.75
    • D. Rs. 125.25
      • Discuss
    • 4. A 12% stock yielding 10% is quoted at:

    • Options
    • A. Rs. 83.33
    • B. Rs. 110
    • C. Rs. 112
    • D. Rs. 120
      • Discuss
    • 5. 
      The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1 % is:
      4

    • Options
    • A. Rs. 95.75
    • B. Rs. 96
    • C. Rs. 96.25
    • D. Rs. 104.25
      • Discuss
    • 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. 7.5%
    • B. 8%
    • C. 9.7%
    • D. None of these
      • Discuss
    • 7. Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:

    • Options
    • A. Rs. 4800
    • B. Rs. 5000
    • C. Rs. 5400
    • D. Rs. 5600
      • Discuss
    • 8. 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. Rs. 207.40
    • B. Rs. 534.60
    • C. Rs. 648
    • D. Rs. 655.60
      • Discuss
    • 9. If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

    • Options
    • A. Rs. 768
    • B. Rs. 968
    • C. Rs. 1960
    • D. Rs. 2400
      • Discuss
    • 10. The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:

    • Options
    • A. 12%
    • B. 14%
    • C. 15%
    • D.
      16 2 %
      3
      • Discuss

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