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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


    Search Results


    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss
    • 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
    • Discuss


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