Stocks and Shares
- The cash realized by selling a 51/2% stock
at 1061/4, brokerage being 1/4% is ?
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Cash realized = Rs. (1061/4 - 1/4)
Correct Option: C
Cash realized = Rs. (1061/4 - 1/4) = Rs. 106
- The income derived from a 51/2% stock at 95 is ?
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Income on Rs. 100 stock = Rs. 51/2 = Rs. 5.50
Correct Option: A
Income on Rs. 100 stock = Rs. 51/2 = Rs. 5.50
- The cost price of a Rs. 100 stock at 4 discount, when brokerage (1 / 4)% is ?
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C.P. = Rs. (96 + 1/4)
Correct Option: B
C.P. = Rs. (96 + 1/4)
- By investing in 33/4% stock at 96, one earn Rs. 100. The investment made is ?
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For earning Rs. 15/4, investment = Rs. 96
For earning Rs. 100, investment = Rs. 96 x (4/15) x 100Correct Option: C
For earning Rs. 15/4, investment = Rs. 96
For earning Rs. 100, investment = Rs. 96 x (4/15) x 100 = Rs. 2560
- How much stock at 105 can be purchased for Rs. 1433.25 ?
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1433.25 = Amount of stock x (105 / 100)
Amount of stock = (100 x 1433.25) / 105Correct Option: A
1433.25 = Amount of stock x (105 / 100)
Amount of stock = (100 x 1433.25) / 105 = Rs. 1365