logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Stocks and Shares Comments

  • Question
  • Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 each. If the company paid 16% dividend at the end of the year, find his income from the dividend.


  • Options
  • A. $ 3560
  • B. $ 2760
  • C. $ 3760
  • D. $ 3660

  • Correct Answer
  • $ 3760 

    Explanation


  • Stocks and Shares problems


    Search Results


    • 1. 
      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
    • 2. 
      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
    • 3. 
      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
    • 4. 
      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
    • 5. 
      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
    • 6. 
      Find the income on 12% stock of $ 60000 purchased at $ 110.

    • Options
    • A. $ 7200
    • B. $ 7500
    • C. $ 7400
    • D. $ 8200
    • Discuss
    • 7. 
      Find out the investment required to get an income of $ 1938 from 91/2% stock at 90 (Brokerage 1%).

    • Options
    • A. $ 19642.60
    • B. $ 17543.00
    • C. $ 18543.60
    • D. $ 18600.60
    • Discuss
    • 8. 
      A company has issued 10000 preferred shares and 50000 common shares both of par value $ 100 each. The dividend on a preferred share and a common share is 12% and 17.6%, respectively. The company had a total profit of $ 15 Millions, out of which some amount was kept in reserve fund and the remaining distributed as dividend. Find out the amount kept in reserve fund.

    • Options
    • A. $ 5 Million
    • B. $ 6 Million
    • C. $ 6.5 Million
    • D. $ 5.5 Million
    • Discuss
    • 9. 
      12500 shares, of par value $ 20 each, are purchased from Ram by Mohan at a price of $ 25 each. Find out the amount required to purchase the shares. If Mohan further sells the shares at a premium of $ 11 each, then find out his gain in the transaction.

    • Options
    • A. $ 75000
    • B. $ 85000
    • C. $ 70000
    • D. $ 65000
    • Discuss
    • 10. 
      Find the income by investing $ 81000 in 9% stock at 135.

    • Options
    • A. $ 5500
    • B. $ 6400
    • C. $ 5400
    • D. $ 6000
    • Discuss


    Comments

    There are no comments.

Enter a new Comment