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  • Question
  • Find the income on 71/2% stock of $ 20000 purchased at $ 120.


  • Options
  • A. $ 1550
  • B. $ 1450
  • C. $ 1500
  • D. $ 1600

  • Correct Answer
  • $ 1500 

    Explanation


  • Stocks and Shares problems


    Search Results


    • 1. 
      The capital of a company is made up of 50000 preferred shares with dividend of 20% and 20000 common shares, the par value of each type of share being $ 10. The company had a total profit of $ 180000 out of which $ 30000 were kept in reserve fund and the remaining distributed to shareholders. Find out the dividend percent to the common shareholders.

    • Options
    • A. 24 %
    • B. 20 %
    • C. 25 %
    • D. 30 %
    • Discuss
    • 2. 
      A medicine company issued 125000 shares of par value $ 20 each. If the total dividend declared by the company is $ 375000, find out the rate of dividend paid by the company.

    • Options
    • A. 15 %
    • B. 13 %
    • C. 10 %
    • D. 14 %
    • Discuss
    • 3. 
      A company issued 50000 shares of par value $ 10 each. If the total dividend declared by the company is $ 62500, then find out the rate of dividend paid by the company.

    • Options
    • A. 8 1 % 2
    • B. 12 1 % 2
    • C. 12 %
    • D. 13 3 % 4
    • Discuss
    • 4. 
      Find out the annual dividend received by Sunil for his 200 preferred shares and 1000 common shares, both of par value $ 100 each if the dividend declared on a preferred share is 10% per annum and an annual dividend of 12 1/ 2% on the common shares.

    • Options
    • A. $ 14500
    • B. $ 550
    • C. $ 4000
    • D. $ 3500
    • Discuss
    • 5. 
      Mac buys 200 shares of par value $ 10 each, of a company, which pays an annual dividend of 8% at such a price that he gets 10% on his investment. Find the market value of share.

    • Options
    • A. $ 8
    • B. $ 10
    • C. $ 6
    • D. $ 12
    • Discuss
    • 6. 
      A company issued 50000 shares of par value $ 100 each. If the total dividend declared by the company is $ 125000, out of which `50000 have been kept in reserve fund and the remaining is distributed as dividend, find out the rate of dividend paid by the company.

    • Options
    • A. 2 3 % 4
    • B. 1 1 % 2
    • C. 1 1 % 4
    • D. 2 %
    • Discuss
    • 7. 
      Find the income by investing $ 81000 in 9% stock at 135.

    • Options
    • A. $ 5500
    • B. $ 6400
    • C. $ 5400
    • D. $ 6000
    • Discuss
    • 8. 
      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
    • 9. 
      A man sells 5000 common shares of Company X (each of par value $ 10), which pays a dividend of 20%, at $30 per share. He invests the sale proceeds in ordinary shares of Company Y(each of par value $25) that pays a dividend of 15%. If the market value of a share of Company Y is $40, find out the number of shares of Company Y purchased by the man.

    • Options
    • A. 3850
    • B. 3750
    • C. 3700
    • D. 3800
    • Discuss
    • 10. 
      Find the investment required to purchase $ 125000 of 8% stock at 92.

    • Options
    • A. $ 115000
    • B. $ 120000
    • C. $ 105000
    • D. $ 125000
    • Discuss


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