Stocks and Shares problems
- 1. 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
Correct Answer: Rs. 60.5, 4.55 %
Explanation:
Cost of shares = 44(25 + 5 + 1/4) = Rs. 1331
? Investment made = Rs. 1331
Now, face value of 1 share = Rs. 25
? Face value of 44 shares = Rs. (44 x 25) = Rs. 1100
Now, dividend on Rs. 100 = Rs. 11/2
? Dividend on Rs. 1100 = Rs. [(11/2) / 100] x 1100 = Rs. 60.50
Also, income on investment of Rs. 1331 = Rs. 60.50
? Income on investment of Rs. 100 = Rs. (60.50 / 1331) x 100 = 4.55%
- 2. 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
Correct Answer: $ 40000
Explanation:
- 3. 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 Discuss
Correct Answer: $ 3760
Explanation:
- 4. Find the income on 12% stock of $ 60000 purchased at $ 110.
Options- A. $ 7200
- B. $ 7500
- C. $ 7400
- D. $ 8200 Discuss
Correct Answer: $ 7200
Explanation:
- 5. 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
Correct Answer: $ 18543.60
Explanation:
- 6. 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
Correct Answer: $ 5 Million
Explanation:
- 7. 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
Correct Answer: $ 75000
Explanation:
Given :- Face value of each share = $ 20
Market value of a share = $ 25
Number of shares = 12500
? Market value of 12500 shares = Number of shares x Market value of a share
Market value of 12500 shares = $ (25 × 12500) = $ 312500
Thus, the amount required to purchase 12500 shares = $ 312500
Then, Mohan sells these shares at a premium of $ 11 each.
? New market rate per shares = Face value of each share + premium
New market rate per shares = $ (20 + 11) = $ 31
? Selling price of these shares = New market rate per shares x Number of shares
Selling price of these shares = $ (31 × 12500) = $ 387500
? Gain = S.P. - C.P. = $ (387500 - 312500) = $ 75000.
- 8. Find the income by investing $ 81000 in 9% stock at 135.
Options- A. $ 5500
- B. $ 6400
- C. $ 5400
- D. $ 6000 Discuss
Correct Answer: $ 5400
Explanation:
- 9. What investment will be required to purchase $ 90000 of 8% stock at 110?
Options- A. $ 88000
- B. $ 99000
- C. $ 88500
- D. $ 9950 Discuss
Correct Answer: $ 99000
Explanation:
- 10. The shares of a company of par value $ 10 each, are available at 20% premium. Find out the amount paid by the buyer who wants to buy 2500 shares. What would be the gain of the buyer if he sells those shares at the rate of $ 20 per share?
Options- A. $ 25000
- B. $ 30000
- C. $ 20000
- D. $ 22000 Discuss
Correct Answer: $ 20000
Explanation:
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