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  • Question
  • Find what sum of money 1 must invest in a 10 per cent stock at 102 to obtain an income of Rs. 400 per year?


  • Options
  • A. Rs. 4800
  • B. Rs. 8040
  • C. Rs. 4080
  • D. Rs. 8400

  • Correct Answer
  • Rs. 4080 

    Explanation

    400 = (Ans / 102) x 10
    or Ans = (102 x 400) / 10
    ? Ans = 102 x 40 = Rs. 4080


  • Stocks and Shares problems


    Search Results


    • 1. 
      What annual income will be derived by investing Rs. 1547 in 13 percent Railway stock at 119?

    • Options
    • A. Rs. 189
    • B. Rs. 179
    • C. Rs. 169
    • D. Rs. 159
    • Discuss
    • 2. 
      What income will be derived by investing Rs. 3000 in 9 1/ 2% per cent?

    • Options
    • A. Rs. 360.50
    • B. Rs. 350.25
    • C. Rs. 360.25
    • D. None of these
    • Discuss
    • 3. 
      What income will be derived from Rs. 3275 of 11% stock?

    • Options
    • A. Rs. 360.50
    • B. Rs. 350.25
    • C. Rs. 360.25
    • D. None of these
    • Discuss
    • 4. 
      Find the cost of Rs. 15000, 5 1/ 2%, stock at 99? (Brokerage 1%)

    • Options
    • A. Rs. 15000
    • B. Rs. 12500
    • C. Rs. 13000
    • D. None of these
    • Discuss
    • 5. 
      How much stock can be purchased for Rs. 7350 at 105?

    • Options
    • A. Rs. 7500
    • B. Rs. 7000
    • C. Rs. 7200
    • D. Rs. 6800
    • Discuss
    • 6. 
      What rate % is obtained by investing in 7% at 5 discount? (Brokerage 1/4 %)

    • Options
    • A. 7.35%
    • B. 7.55%
    • C. 7.05%
    • D. 8%
    • Discuss
    • 7. 
      How much stock must be sold to realize Rs. 7350 from a stock at 105?

    • Options
    • A. Rs. 7500
    • B. Rs. 6920
    • C. Rs. 7000
    • D. Rs. 6400
    • Discuss
    • 8. 
      How much money is obtained from the sale of Rs. 1700 stock at 106 1/ 4%?

    • Options
    • A. Rs. 1806.25
    • B. Rs. 1608.25
    • C. Rs. 1808.75
    • D. None of these
    • Discuss
    • 9. 
      Find the cost of 96 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 per share?

    • Options
    • A. Rs. 912
    • B. Rs. 812
    • C. Rs. 712
    • D. None of these
    • Discuss
    • 10. 
      What rate of interest is obtained from investing in 9 1/ 2% percent at par?

    • Options
    • A. 91/2%
    • B. 81/2%
    • C. 182/3%
    • D. None of these
    • Discuss


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