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  • Question
  • 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

  • Correct Answer
  • Rs. 7000 

    Explanation

    8190 = [(118 - 1) / 100] x Amount of stock
    ? Amount of stock = (8190 x 100) / 117 = Rs. 7000


  • Stocks and Shares problems


    Search Results


    • 1. 
      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%
    • Discuss
    • 2. 
      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
    • Discuss
    • 3. 
      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
    • Discuss
    • 4. 
      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
    • Discuss
    • 5. 
      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
    • Discuss
    • 6. 
      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
    • Discuss
    • 7. 
      What rate of interest is obtained from investing in 12 3/ 4 percent stock when the price is at premium of 2 percent?

    • Options
    • A. 25%
    • B. 81/3
    • C. 121/2%
    • D. 112/3%
    • Discuss
    • 8. 
      A company declared an annual dividend of 10%. Find out the annual dividend of Ram owning 1500 shares of the company of face value $ 10 each.

    • Options
    • A. $ 1400
    • B. $ 1500
    • C. $ 1700
    • D. $ 1600
    • Discuss
    • 9. 
      Find the income derived form 44 shares of Rs. 25 each at 5 premium (brokerage 1/4 per share ), the rate of dividend being 5%. Also find the rate of interest in the investment?

    • Options
    • A. Rs. 60.5, 4.55 %
    • B. Rs. 60, 5%
    • C. Rs. 80.5, 5.55 %
    • D. None of these
    • Discuss
    • 10. 
      A company declared an annual dividend of 10%. Find out the annual dividend received by Anu owning 4000 shares of the company having a face value of $ 100 each.

    • Options
    • A. $ 45000
    • B. $ 40000
    • C. $ 50000
    • D. $ 60000
    • Discuss


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