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Stocks and Shares Mcqs

A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?

A man buys Rs. 25 s in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the s?

A. Rs.22
B. Rs.22.50
C. Rs.25
D. Rs.22.50
Suppose he buys each be Rs. X.
Then, (25 x 9/100)=(X x 10/100) X= 22.50
Cost of each is Rs. 22.50.

A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares? Read More »

Stocks and Shares Mcqs

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___________?

A. Rs. 6240
B. Rs.3100
C. Rs.6500
D. Rs.9600
To obtain Rs.10, investment = Rs. 96.
To obtain Rs. 650,
investment= Rs.(96/10 x 650) = Rs. 6240.

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

Stocks and Shares Mcqs

By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_________?

By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_________?

A. 80
B. 96
C. 106
D. 108
To earn Rs. 135, investment = Rs. 1620.
To earn Rs. 8, investment = Rs. (1620/135) * 8= Rs.96.
Market value of Rs. 100 stock = Rs. 96.

By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_________? Read More »

Stocks and Shares Mcqs

Find the cash required to purchase Rs. 3200, 7(1/2) % stock at 107(brokerage (1/2) %).

Find the cash required to purchase Rs. 3200, 7(1/2) % stock at 107(brokerage (1/2) %).

A. 3440
B. 4440
C. 5440
D. 6440
Cash required to purchase Rs. 100 stock = Rs (107+(1/2)) = Rs. (215/2).
Cash required to purchase Rs. 100 stock = Rs [(215/2)*(1/100)*3200] = Rs. 3440

Find the cash required to purchase Rs. 3200, 7(1/2) % stock at 107(brokerage (1/2) %). Read More »

Stocks and Shares Mcqs