Stocks and Shares
- A man invests in a 41/2% stock at 96. The interest obtained by him is ?
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By investing Rs 96, income derived = Rs. 9/2
By investing Rs. 100, income derived = Rs. (9 x 100) / (2 x 96) = Rs.4.69Correct Option: C
By investing Rs 96, income derived = Rs. 9/2
By investing Rs. 100, income derived = Rs. (9 x 100) / (2 x 96) = Rs.4.69
Interest obtained =4.69%
- By investing Rs. 1100 in a 51/2% stock one earns Rs. 77. The stock is then quoted at ?
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To earn Rs. 77, investment = Rs. 1100
To earn Rs. 11/2, investment = (1100 / 77) x (11/2)Correct Option: C
To earn Rs. 77, investment = Rs. 1100
To earn Rs. 11/2, investment = (1100 / 77) x (11/2) = Rs. 784/7
- To produce an annual income of Rs. 500 in a 4% stock at 90, the amount of stock needed is ?
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For an income of Rs. 4, stock needed = Rs. 100
For an income of Rs. 500, stock needed = Rs. (100 / 4) x 500Correct Option: B
For an income of Rs. 4, stock needed = Rs. 100
For an income of Rs. 500, stock needed = Rs. (100 / 4) x 500 = Rs. 12500
- A 4% stock yield 5%. The market value of the stock is ?
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For an income of Rs. 5, investment = Rs. 100
For an income of Rs. 4, investment = Rs. (100/5) x 4Correct Option: B
For an income of Rs. 5, investment = Rs. 100
For an income of Rs. 4, investment = Rs. (100/5) x 4 = Rs. 80
- By investing a 6% stock at 96 an income of Rs. 100 is obtained by making and investment of ?
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For an income of Rs. 6, investment = Rs. 96.
For an income of Rs. 100, investment = Rs. (96 / 6) x 100Correct Option: A
For an income of Rs. 6, investment = Rs. 96.
For an income of Rs. 100, investment = Rs. (96 / 6) x 100 = Rs. 1600