Find the cost of 96 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 pe

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Question
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

Correct Answer

Rs. 912

Explanation

Required answer = 96(10 - 3/4 + 1/4) = Rs. 912

Stocks and Shares problems

Search Results

1.
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

2.
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

3.
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%

4.
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

5.
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

6.
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

7.
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

8.
What is the annual income derived from Rs. 1800, 5% stock at 100?
Options
A. Rs. 90
B. Rs. 100
C. Rs. 110
D. Rs. 95

9.
What is the annual income by investing Rs. 3000 in 6% stock at 120?
Options
A. Rs. 150
B. Rs. 100
C. Rs. 200
D. Rs. 250

10.
Find the annual income derived by investing Rs. 770 in 4 ¹/ ₂% stock at 96? (Brokerage 1 / 4%)
Options
A. Rs. 56
B. Rs. 46
C. Rs. 39
D. Rs. 36

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