How much must 1 pay for Rs. 1365 stock at 104? (brokerage 1%) Rs. 1433.50 Rs. 13

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Question
How much must 1 pay for Rs. 1365 stock at 104? (brokerage 1%)
Options
A. Rs. 1433.50
B. Rs. 1344.25
C. Rs. 1433.25
D. None of these

Correct Answer

Rs. 1433.25

Explanation

Required answer = Rs. 1365 x (104 + 1) / 100
= Rs. (1365 x 105) / 100
= Rs. 1433.25

Stocks and Shares problems

Search Results

1.
How much stock can be purchased for Rs. 794.50 at 112.5? (Brokerage 1% )
Options
A. Rs. 650
B. Rs. 485
C. Rs. 706
D. Rs. 700

2.
Find the cost of Rs. 12600 Railway stock at 150 ¹/ ₂% (dividend 5 ¹/ ₂%)?
Options
A. Rs. 18963
B. Rs. 19863
C. Rs. 18933
D. None of these

3.
A invested some money in 4% stock at 96. Now, B wants to invest in an equally goods 5% stock. B must purchase a stock worth of?
Options
A. Rs. 120
B. Rs. 124
C. Rs. 76.80
D. Rs. 80

4.
I want to purchase a 6% stock which must yield 5% on my capital. At what price must I buy the stock?
Options
A. Rs. 111
B. Rs. 101
C. Rs. 83.33
D. Rs. 120

5.
Which is the better stock, 5% at 143 or 3 ¹/ ₂% at 93?
Options
A. 5% at 143
B. 31/2% at 93
C. Both are equally good
D. None of these

6.
How much 4 ¹/ ₂% stock at 95 can be purchased by investing Rs. 1950? (Brokerage 1/4%)
Options
A. Rs. 2000
B. Rs. 2500
C. Rs. 2200
D. Rs. 2350

7.
What income will be derived by investing Rs. 1900 in 8 percent stock at 5 discount?
Options
A. Rs. 160
B. Rs. 150
C. Rs. 100
D. Rs. 180

8.
What rate of interest is obtained from investing in 8 ¹/ ₂% per cent stock when the quoted price is 6.5 percent below par?
Options
A. 81/11%
B. 91/11%
C. 111/9%
D. 101/9%

9.
How much stock must be sold to realize Rs. 8190 from a stock at 118? (Brokerage 1%)
Options
A. Rs. 7100
B. Rs. 7050
C. Rs. 6850
D. Rs. 7000

10.
Find the purchase cost of 66 shares of Rs. 35 each at 10 premium, brokerage being 1% per share?
Options
A. Rs. 3630
B. Rs. 3360
C. Rs. 3063
D. Rs. 3036

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