For an income of Rs. 4, investment = Rs. 96
For an income of Rs. 5, investment = Rs. (96/4) x 5 = Rs. 120
For an income of Rs. 5, investment = Rs. 100
For an income of Rs. 6, investment = Rs. (100/5) x 6 = Rs. 120
Let investment in each case be Rs. (143 x 93)
Income from 5% stock = Rs. (5 / 143) x 143 x 93 = Rs. 465
Income from 31/2% stock = Rs. (3.5 / 93) x 143 x 93 = Rs. 500.50
? 31/2% stock at 93 is better.
For an income of Re. 1 in 3% stock, investment = Rs. (96 / 3) = Rs. 32
For an income of Re. 1. in 4% stock investment = Rs. (120 / 4) = Rs. 30
? Ratio of investment = 32 : 30 = 16 : 15
Let investment in each case be Rs. (100 x 110)
Gross income from 4% stock = Rs. (4/100) x (100 x 110) = Rs. 440
Net income from the stock = Rs. (440 - 22) = Rs. 418
Net income from 41/2% stock = Rs. (9 x 100 x 110) / (2 x 110) = Rs. 450
? Better stock is 41/2% at 110.
When investment is Rs. 388, income = Rs. 22
When investment is Rs. 97, income = Rs. (22 / 388) x 97 = Rs. 5.50
? Dividend on Rs. 100 stock = 51/2%
Required answer = 12600 x (301 / 2) x (1 / 100) = Rs. 18963
Rs. 794.50 = 112.5 + (1/100) x Amount of stock
? Amount of stock = (794.50 x 100) / 113.5 = Rs. 700
Required answer = Rs. 1365 x (104 + 1) / 100
= Rs. (1365 x 105) / 100
= Rs. 1433.25
We put market value i.e. 95 in place of (100 - discount), in this case.
Required answer = [1905 / (95 + 1/4)] x 100 = Rs. 2000
Required income = [1900 / (100 - 5 + 0)] x 8 = Rs. 160
[Here value of brokerage is 0]
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