## Stocks and Shares

#### Stocks and Shares

1. How much stock can be purchased for Rs. 7350 at 105 ?
1. Rs. 7500
2. Rs. 7000
3. Rs. 7200
4. Rs. 6800

1. Required answer = (7350 x 100)/105

##### Correct Option: B

Required answer = (7350 x 100)/105 = Rs. 7000

1. Find the cost of Rs. 15000, 51/2%, stock at 99 ? (Brokerage 1%)
1. Rs. 15000
2. Rs. 12500
3. Rs. 13000
4. None of these

1. Rs. 15000 x (99 + 1)/100

##### Correct Option: A

Rs. 15000 x (99 + 1)/100 = Rs. 15000

1. What income will be derived from Rs. 3275 of 11% stock ?
1. Rs. 360.50
2. Rs. 350.25
3. Rs. 360.25
4. None of these

1. Income = (3275 x 11) / 100

##### Correct Option: C

Income = (3275 x 11) / 100 = Rs. 360.25

1. What income will be derived by investing Rs. 3000 in 91/2% per cent ?
1. Rs. 360.50
2. Rs. 350.25
3. Rs. 360.25
4. None of these

1. Required answer = (3000 x 19) / 200

##### Correct Option: D

Required answer = (3000 x 19) / 200 = Rs. 285

1. What annual income will be derived by investing Rs. 1547 in 13 percent Railway stock at 119 ?
1. Rs. 189
2. Rs. 179
3. Rs. 169
4. Rs. 159

1. Required answer = (1547 / 119) x 13

##### Correct Option: C

Required answer = (1547 / 119) x 13 = Rs. 169