Mathematics Mcqs

How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ? Read More »

How many s of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ?

A. 450
B. 500
C. 550
D. 600
C.P. of each = Rs. (25 + 2% of 25) = Rs. 25.50.
So Number of s = 12750/25.50 = 500.

A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ?

A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ? Read More »

A man buys Rs. 50 s in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the s ?A. Rs. 37.50
B. Rs. 40
C. Rs. 48
D. Rs 52
Dividend on 1 = Rs. ( 10/100 X 50 ) = Rs. 5. Rs. 12.50 is an income on an investment of Rs. 100. Rs. 5 is an income on an investment of Rs, ( 100 X 2/25 X 5 ) = Rs. 40. So Cost of 1 = Rs. 40.

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is__________?

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is__________? Read More »

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is__________?

A. Rs. 10,000
B. Rs. 10,800
C. Rs. 14,400
D. Rs. 16,000
For an income of Rs. 12, stock needed = Rs. 100.
For an income of Rs. 1200, stock needed = Rs.( 100/12 X 1200 ) = Rs. 10,000.

In order to obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of___________?

In order to obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of___________? Read More »

In order to obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of___________?

A. Rs. 3100
B. Rs. 6240
C. Rs. 6500
D. Rs. 9600

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___________? Read More »

A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is___________?

A. 7.50%
B. 8%
C. 9.70%
D. None of these.
By investing Rs. 1552, income = Rs. 128. By investing Rs. 97, income = Rs.( 128/1552 X 97 ) = Rs. 8. So Dividend = 8%

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be? Read More »

Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?

A. Rs. 16,500
B. Rs. 16,525.50
C. Rs. 16,537.50
D. Rs. 18,150
Explanation:
P = Rs. 15000; R = 10% p.a. = 5% per half-year; T = 1 year = 2 half-year
Amount = [15000 * (1 + 5/100)2]
= (15000 * 21/20 * 21/20) = Rs. 16537.50

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years? Read More »

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

A. Rs. 565.25
B. Rs. 635
C. Rs. 662.02
D. Rs. 666.50
Explanation:
Amount = [200(1 + 5/100)3 + 200(1 + 5/100)2 + 200(1 + 5/100)]
= [200 * 21/20(21/20 * 21/20 + 21/20 + 1)] = Rs. 662.02

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.? Read More »

What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?

A. Rs. 9000.30
B. Rs. 9720
C. Rs. 10123.20
D. Rs. 10483.20
Explanation:
Amount = [25000 * (1 + 12/100)3]
= 25000 * 28/25 * 28/25 * 28/25 = Rs. 35123.20
C.I. = (35123.20 – 25000) = Rs. 10123.20

Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?

Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit? Read More »

Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?

A. Rs. 8600
B. Rs. 8620
C. Rs. 8800
D. Rs. 8840
E. None of these
Explanation:
Amount = [8000 * (1 + 5/100)2]
= 8000 * 21/20 * 21/20
= Rs. 8820