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Home Aptitude Stocks and Shares See What Others Are Saying!
  • Question
  • 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%

  • Correct Answer
  • 91/11% 

    Explanation

    Required answer [(17/2) / (100 - 6.5)] x 100
    = (17 / 187) x 100
    = 91/11%


  • More questions

    • 1. 
      Shyam purchased 12000 shares of a company, of par value $ 10 each, paying an annual dividend of 15% at such a price that she gets 10% on her investment. Find the market value of a share.

    • Options
    • A. $ 25
    • B. $ 15
    • C. $ 20
    • D. $ 24
    • Discuss
    • 2. 
      [(2a2)3]3 [(3a3)2]2 ÷ [(6a6)2]2 is equivalent to :

    • Options
    • A. 36a6
    • B. 32 a6
    • C. 32 a4
    • D. 34 a5
    • Discuss
    • 3. 
      112/?196 x ?579/12 x ?256/8 =?

    • Options
    • A. 8
    • B. 12
    • C. 16
    • D. 32
    • Discuss
    • 4. 
      The value of 6a3 b3 c2 ÷ 2ab2 c is :

    • Options
    • A. 3a 2 bc
    • B. 3a b 2 c
    • C. 3a 2 b 2 c 2
    • D. 3a 3 b3 c3
    • Discuss
    • 5. 
      Anirudh secures 85%, 70%, 65% and 60% marks in test papers with 100, 120, 140 and 160, respectively as maximum marks. The percentage of his aggregate is?

    • Options
    • A. 652/3%
    • B. 686/13%
    • C. 661/4%
    • D. 651/3%
    • Discuss
    • 6. 
      In a class of 60 children 30% children can speak only English, 20% Hindi and English both and the rest of the children can speak only Hindi. How many children can speak Hindi?

    • Options
    • A. 42
    • B. 36
    • C. 30
    • D. 48
    • Discuss
    • 7. 
      A right circular cone of height h is cut by a plane parallel to the base at a distance h/3 from the base, then the volumes of the resulting come and the frustum are in the ratio?

    • Options
    • A. 4/7
    • B. 8/19
    • C. 6/19
    • D. 18/19
    • Discuss
    • 8. 
      A point O in the interior of a rectangular ABCD is joined with each of the vertices A, B, C and D. Then :

    • Options
    • A. OA2 + OC2 = OB2 ? OD2
    • B. OA2 + OC2 = OB2 + OD2
    • C. OA2 = OB2 = OC2 + OD2
    • D. OA2 + OD2 = OB2 + OC2
    • Discuss
    • 9. 
      The difference between the squares of two numbers is 256000 and the sum of the numbers is 1000. The numbers are

    • Options
    • A. 600, 400
    • B. 628, 372
    • C. 640, 360
    • D. None of these
    • Discuss
    • 10. A card is drawn from a pack of 52 cards. The probability of getting a queen of club or a king of heart is:

    • Options
    • A.
      1
      13
    • B.
      2
      13
    • C.
      1
      26
    • D.
      1
      52
    • Discuss


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