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Home Aptitude Stocks and Shares Comments

  • Question
  • A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 6% his annual income is?


  • Options
  • A. Rs. 267.30
  • B. Rs. 327.80
  • C. Rs. 324
  • D. Rs. 103.70

  • Correct Answer
  • Rs. 324 

    Explanation

    Number of shares = 4455 / 8.25 = 540
    Face value = Rs. (540 x 10) = Rs. 5400
    Income = Rs. (6/100) x 5400 = Rs. 324


  • Stocks and Shares problems


    Search Results


    • 1. 
      Rs. 2780 are invested party in 4% stock at 75 and 5% stock at 80 to have equal amount of incomes. The investment in 5% stock is?

    • Options
    • A. Rs. 1500
    • B. Rs. 1280
    • C. Rs. 1434.84
    • D. Rs. 1640
    • Discuss
    • 2. 
      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
    • Discuss
    • 3. 
      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
    • Discuss
    • 4. 
      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
    • Discuss
    • 5. 
      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
    • Discuss
    • 6. 
      A man bought 20 shares of Rs. 50 at 5 discount the rate of dividend being 4 3/ 4% The rate of interest obtained is?

    • Options
    • A. 43/4%
    • B. 31/4%
    • C. 5.28%
    • D. 4.95%
    • Discuss
    • 7. 
      A man buys Rs. 20 shares paying 9% dividend. The man want to have an interest of 12% on his money. The market value of each share must be?

    • Options
    • A. Rs. 12
    • B. Rs. 15
    • C. Rs. 18
    • D. Rs. 21
    • Discuss
    • 8. 
      A man invested Rs. 388 in a stock at 97 to obtain and income of Rs. 22. The dividend from the stock is?

    • Options
    • A. 12%
    • B. 3%
    • C. 51/2%
    • D. 22.68%
    • Discuss
    • 9. 
      Which is better investment, 4% stock at per with an income tax at the rate of 5 paise per rupee or 4 1/ 2% stock at 110 free from income tax?

    • Options
    • A. 4% at par with income tax
    • B. 91/2 at 110
    • C. 5%
    • D. 25%
    • Discuss
    • 10. 
      A man invest some money party in 3% stock at 96 and party in 4% stock at 120. To get equal dividend from both, he must invest the money in the ratio?

    • Options
    • A. 16 : 15
    • B. 3 : 4
    • C. 4 : 5
    • D. 3 : 5
    • Discuss


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