A man invests in a 4 1/ 2% stock at 96. The interest obtained by him is? 4% 4.5%

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Question
A man invests in a 4 ¹/ ₂% stock at 96. The interest obtained by him is?
Options
A. 4%
B. 4.5%
C. 4.69%
D. 1/2%

Correct Answer

4.69%

Explanation

By investing Rs 96, income derived = Rs. 9/2
By investing Rs. 100, income derived = Rs. (9 x 100) / (2 x 96) = Rs.4.69
Interest obtained =4.69%

Stocks and Shares problems

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1.
A, B and C undertake to complete a piece of work for ? 1440. A alone can complete the work in 8 days, B in 12 days and C in 16 days. They complete the work with the help of D in 3 days. What does D get?
Options
A. ? 265
B. ? 270
C. ? 300
D. None of these

2.
A and B undertook to do a piece of work for $4500. A alone could do it in 8 days and B alone in 12 days. With the assistance of C they finished the work in 4 days. Then C's share of the money is:
Options
A. $2250
B. $1500
C. $750
D. $375

3.
A, B and C are employed to do a piece of work for $575. A and C are supposed to finish 19 / 23 of the work together. Amount shall be paid to B is:
Options
A. $210
B. $100
C. $200
D. $475

4.
A man and a boy received $800 as wages for 5 days for the work they did together. The man's efficiency in the work was three times that of the boy. What are the daily wages of the boy?
Options
A. $76
B. $56
C. $44
D. $40

5.
Two men undertake a piece of work for $600. Individually, they can complete the work in 6 days and 8 days, respectively. With the assistance of a boy they completed the work in 3 days. The boy's share should be:
Options
A. $300
B. $225
C. $75
D. $100

6.
By investing Rs. 1100 in a 5 ¹/ ₂% stock one earns Rs. 77. The stock is then quoted at?
Options
A. Rs. 93
B. Rs. 107
C. Rs. 784/7
D. Rs. 973/4

7.
To produce an annual income of Rs. 500 in a 4% stock at 90, the amount of stock needed is?
Options
A. Rs. 11250
B. Rs. 12500
C. Rs. 18000
D. Rs. 20000

8.
A 4% stock yield 5%. The market value of the stock is?
Options
A. Rs. 125
B. Rs. 80
C. Rs. 99
D. Rs. 109

9.
By investing a 6% stock at 96 an income of Rs. 100 is obtained by making and investment of?
Options
A. Rs. 1600
B. Rs. 1504
C. Rs. 1666.66
D. Rs. 5760

10.
The cash realized by selling a 5 ¹/ ₂% stock
at 106 ¹/ ₄, brokerage being 1/4% is?
Options
A. Rs. 1051/2
B. 1061/2
C. Rs. 106
D. None of these

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