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#1. How many shares of market value rs. 25 each can be purchased for Rs. 12750, brokerage being 2 ?
How many shares of market value rs. 25 each can be purchased for Rs. 12750, brokerage being 2 ?
Cost price of each share= Rs. (25 plus 2% of 25)
= Rs. 25.50
Number of shares = ( 12750/25.50)
= 500
#2. A invested some money in 10 % stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :
A invested some money in 10 % stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :
For an income of Rs. 10 investment = Rs. 96
For an income of Rs. 12, investment = Rs (96/10*12)
= Rs. 115.20
#3. A man invests some money partly in 9% stock at 96 and partly in 12 % stock at 120. To obtain equal dividends from both, he must invest the money in the ratio:
A man invests some money partly in 9% stock at 96 and partly in 12 % stock at 120. To obtain equal dividends from both, he must invest the money in the ratio:
For an income of Rs. 1 in (% stock at 96, investment= Rs( 96/9)
= Rs 32/3
Foe an income of rs 1 in 12 % stock at 120 investment
Rs. (120/12)
Rs. 10
ratio of investments = 32/3 : 10
= 32 : 30
=16 : 15
#4. The market value of a 10.5 % stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4 % is :
The market value of a 10.5 % stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1/4 % is :
For an income of Rs. 756, investment = Rs. 9000
For an income of Rs. 21/2 investment = Rs. ( 9000/756*21/2)
=Rs. 125
For a Rs. 100 stock = Rs. (125-1/4)
Rs. 124.75
#5. A man buy Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12 % on his money. The market value of each share is :
A man buy Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12 % on his money. The market value of each share is :
Dividend on Rs.20 = Rs. (9/100*20)
= Rs. 9/5
Rs. 12 is an income on Rs. 100
Rs. 9/5 is an income on Rs. ( 100/12*9/5)
=Rs. 15
#6. A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is :
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is :
By investing Rs. 1552, income = Rs. 128
By investing Rs. 97, Income = Rs. (128/1552*97)
Rs. 8
Dividend = 8 %
#7. By investing in 16⅔ % stock at 64, one earns Rs. 1500. The investment made is :
By investing in 16⅔ % stock at 64, one earns Rs. 1500. The investment made is :
To earn Rs. 50/3 investment = Rs. 64
To earn Rs. 1500, investment = Rs. (64*3/50*1500)
=Rs. 5760
#8. A 9% stock yields 8%. The market value of the stock is :
A 9% stock yields 8%. The market value of the stock is :
To obtain Rs. 8, investment = Rs. 100
To obtain Rs. 9 investment =Rs. (100/10*12)
Rs. = 112.50
Market value of Rs. 100 stock = Rs. 112.50
#9. The cost price of a Rs. 100 stock at 4 discount , when brokerage is 1/4% is :
The cost price of a Rs. 100 stock at 4 discount , when brokerage is 1/4% is :
C.P. = Rs. (100-4 plus 1/4)
Rs. 96.25
#10. A man invest in a 16% stock at 128. The interest obtained by him is :
A man invest in a 16% stock at 128. The interest obtained by him is :
By investing Rs. income derived Rs.=16
By investing Rs. 100, income derive Rs. (16/128*100)
Rs. = 12.5
Interest obtained = 12.5%
#11. A 6% stock yield 85 , The market value of the stock is :
A 6% stock yield 85 , The market value of the stock is :
For an income of Rs. 8 investment Rs. = 100
For an income of Rs.6 investment = Rs.(100/8*6 )
Rs. = 75
Market value of Rs. 100 stock = Rs. 75
#12. The income derived from a Rs. 100 , 13% stock at Rs. 105 is :
The income derived from a Rs. 100 , 13% stock at Rs. 105 is :
Income on Rs. 100 stock
Rs. = 13
#13. A man invest ed Rs. 4455 in Rs. 10 shares quoted at Rs 8.25 If the rate of dividend be 12% his annual income is ;
A man invest ed Rs. 4455 in Rs. 10 shares quoted at Rs 8.25 If the rate of dividend be 12% his annual income is ;
Number of share = ( 4455/8.25)
= 540
Face value = Rs. (540*10)
Rs.=5400
Annual income = Rs. (12/10*5400)
Rs.= 648
#14. A 12% stock yielding 10% is quoted at :
A 12% stock yielding 10% is quoted at :
To earn Rs. 10 money invested = Rs. 100
To earn Rs. 12 money invested = RS (110/10*12)
Rs. = 120
Market value of 100 stock =Rs 120
#15. Find the cash required to purchase Rs. 3200, 7 1/2% stock at 107 ?
Find the cash required to purchase Rs. 3200, 7 1/2% stock at 107 ?
Cash required to purchase Rs. 100 stock = Rs. (107 plus 1/2 )
Rs. 215/2
Cash required to purchase Rs. 3200 stock = Rs. (215/2*1/100*3200)
Rs. = 3440
#16. Find the cost of 96 share of RS. 10 each at 3/4 discount , brokerage being 1/4 pr share :
Find the cost of 96 share of RS. 10 each at 3/4 discount , brokerage being 1/4 pr share :
Cost of 1 share = Rs.[(10-3/4) plus 1/4 ] Rs. = 19/2
Cost of 96 share =RS. (19/2*96)
= Rs. 912
#17. The cash required to purchase Rs. 1,600,5 1/2%stock at 3 1/4 premium :
The cash required to purchase Rs. 1,600,5 1/2%stock at 3 1/4 premium :
The correct answer is Rs. 1656
#18. The income derived from a 6 1/2% stock at 94 is :
The income derived from a 6 1/2% stock at 94 is :
The correct answer is Rs. 6.50
#19. A 4 1/2% stock should be purchase at what price to yield 5% interest :
A 4 1/2% stock should be purchase at what price to yield 5% interest :
The correct answer is Rs. 90
#20. If the annual income from 5% stock at 112 is Rs. 42 more than 4% stock at 98 then the investment is :
If the annual income from 5% stock at 112 is Rs. 42 more than 4% stock at 98 then the investment is :
The correct answer is Rs. 10,976