16. How much stock can be purchased for Rs. 7350 at 105 ?

1. 1. Rs. 7500

   
   
   

   2. Rs. 7000

   
   
   

   3. Rs. 7200

   
   
   

   4. Rs. 6800

   
   
   

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1. View Hint View Answer Discuss in Forum

   Required answer = (7350 x 100)/105

   Correct Option: B

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

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17. How much stock at 105 can be purchased for Rs. 1433.25 ?

1. 1. Rs. 1365

   
   
   

   2. Rs. 1635

   
   
   

   3. Rs. 1355

   
   
   

   4. None of these

   
   
   

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1. View Hint View Answer Discuss in Forum

   1433.25 = Amount of stock x (105 / 100)
   Amount of stock = (100 x 1433.25) / 105

   Correct Option: A

   1433.25 = Amount of stock x (105 / 100)
   Amount of stock = (100 x 1433.25) / 105 = Rs. 1365
   

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18. By investing in 3³/₄% stock at 96, one earn Rs. 100. The investment made is ?

1. 1. Rs. 36000

   
   
   

   2. Rs. 3600

   
   
   

   3. Rs. 2560

   
   
   

   4. Rs. 4800

   
   
   

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1. View Hint View Answer Discuss in Forum

   For earning Rs. 15/4, investment = Rs. 96
   For earning Rs. 100, investment = Rs. 96 x (4/15) x 100

   Correct Option: C

   For earning Rs. 15/4, investment = Rs. 96
   For earning Rs. 100, investment = Rs. 96 x (4/15) x 100 = Rs. 2560

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19. The cost price of a Rs. 100 stock at 4 discount, when brokerage (1 / 4)% is ?

1. 1. Rs. 96

   
   
   

   2. Rs. (96 + 1/4)
      

   
   
   

   3. Rs. (96- 1/4)

   
   
   

   4. Rs. 100

   
   
   

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1. View Hint View Answer Discuss in Forum

   C.P. = Rs. (96 + 1/4)

   Correct Option: B

   C.P. = Rs. (96 + 1/4)

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20. The income derived from a 5¹/₂% stock at 95 is ?

1. 1. Rs. 5.50

   
   
   

   2. Rs. 5

   
   
   

   3. Rs. 5.28

   
   
   

   4. None of these

   
   
   

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1. View Hint View Answer Discuss in Forum

   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

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