To produce an annual income of Rs. 500 in a 4% stock at 90, the amount of stock

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Question
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

Correct Answer

Rs. 12500

Explanation

For an income of Rs. 4, stock needed = Rs. 100
For an income of Rs. 500, stock needed = Rs. (100 / 4) x 500 = Rs. 12500

Stocks and Shares problems

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1.
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

2.
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%

3.
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

4.
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

5.
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

6.
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

7.
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

8.
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

9.
The income derived from a 5 ¹/ ₂% stock at 95 is?
Options
A. Rs. 5.50
B. Rs. 5
C. Rs. 5.28
D. None of these

10.
The cost price of a Rs. 100 stock at 4 discount, when brokerage (1 / 4)% is?
Options
A. Rs. 96
B. Rs. (96 + 1/4)
C. Rs. (96- 1/4)
D. Rs. 100

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