What rate % is obtained by investing in 7% at 5 discount? (Brokerage 1/4 %) 7.35

CuriousTab

CuriousTab

Home Aptitude

Discussion

Home ‣ Aptitude ‣ Stocks and Shares Comments

Question
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%

Correct Answer

7.35%

Explanation

Required answer = [7 / (100 - 5 + 0.25)] x 100 = 7.349
= 7.35% (Approx. )

Stocks and Shares problems

Search Results

1.
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

2.
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

3.
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

4.
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

5.
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

6.
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

7.
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

8.
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

9.
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

10.
What rate of interest is obtained from investing in 9 ¹/ ₂ percent stock. When the quoted price is 14 percent above par?
Options
A. 81/3%
B. 82/3%
C. 91/3%
D. Data inadequate

Comments

More in Aptitude: