1. Find what sum of money 1 must invest in a 10 per cent stock at 102 to obtain an income of Rs. 400 per year ?

1. 1. Rs. 4800

   
   
   

   2. Rs. 8040

   
   
   

   3. Rs. 4080

   
   
   

   4. Rs. 8400

   
   
   

---

1. View Hint View Answer Discuss in Forum

   400 = (Ans / 102) x 10
   or Ans = (102 x 400) / 10

   Correct Option: C

   400 = (Ans / 102) x 10
   or Ans = (102 x 400) / 10
   ∴ Ans = 102 x 40 = Rs. 4080

---

2. How much money is obtained from the sale of Rs. 1700 stock at 106¹/₄% ?
   

1. 1. Rs. 1806.25

   
   
   

   2. Rs. 1608.25

   
   
   

   3. Rs. 1808.75

   
   
   

   4. None of these

   
   
   

---

1. View Hint View Answer Discuss in Forum

   Required answer = [(1700 x 425) / 4] x 100

   Correct Option: A

   Required answer = [(1700 x 425) / 4] x 100
   = Rs. 1806.25
   

---

---

3. How much stock must be sold to realize Rs. 7350 from a stock at 105 ?

1. 1. Rs. 7500

   
   
   

   2. Rs. 6920

   
   
   

   3. Rs. 7000

   
   
   

   4. Rs. 6400

   
   
   

---

1. View Hint View Answer Discuss in Forum

   7350 = (Amount of stock x 105 + 0) / 100

   Correct Option: C

   7350 = (Amount of stock x 105 + 0) / 100
   ∴ Amount of stock = (7350 x 100) / 105 = Rs. 7000
   

---

4. What rate % is obtained by investing in 7% at 5 discount ? (Brokerage 1/4 %)

1. 1. 7.35%

   
   
   

   2. 7.55%

   
   
   

   3. 7.05%

   
   
   

   4. 8%

   
   
   

---

1. View Hint View Answer Discuss in Forum

   Required answer = [7 / (100 - 5 + 0.25)] x 100

   Correct Option: A

   Required answer = [7 / (100 - 5 + 0.25)] x 100 = 7.349
   = 7.35% (Approx. )
   

---

---

5. Find the cost of 96 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 per share ?

1. 1. Rs. 912

   
   
   

   2. Rs. 812

   
   
   

   3. Rs. 712

   
   
   

   4. None of these

   
   
   

---

1. View Hint View Answer Discuss in Forum

   Required answer = 96(10 - 3/4 + 1/4)
   

   Correct Option: A

   Required answer = 96(10 - 3/4 + 1/4) = Rs. 912
   

---