Mathematics Mcqs

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__________?

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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. Rs. 80
B. Rs. 115.20
C. Rs. 120
D. Rs. 125.40
For an income of Rs. 10, investment = Rs. 96.
For an income of Rs. 12, investment = Rs ( 96/10 X 12 )
= Rs. 115.20

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 ?

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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.

 

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?

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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?

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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

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?

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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