## Stocks and Shares

#### Stocks and Shares

1. What rate of interest is obtained from investing in 91/2% percent at par ?
1. 91/2%
2. 81/2%
3. 182/3%
4. None of these

1. Actual rate percent = [91/2 / (100 + 0 + 0)] x 100

##### Correct Option: A

Actual rate percent = [91/2 / (100 + 0 + 0)] x 100
= 91/2%

1. What rate of interest is obtained from investing in 91/2 percent stock. When the quoted price is 14 percent above par ?
1. 81/3%
2. 82/3%
3. 91/3%

1. Actual rate percent = [91/2 / (100 + 14 + 0)] x 100

##### Correct Option: A

Actual rate percent = [91/2 / (100 + 14 + 0)] x 100
= 25/3
= 81/3%

1. What is the annual income derived from Rs. 1800, 5% stock at 100 ?
1. Rs. 90
2. Rs. 100
3. Rs. 110
4. Rs. 95

1. 100 = (1800 x 5) / (Ans - 0)
or Ans = (1800 x 5) / 100 = 90

##### Correct Option: A

100 = (1800 x 5) / (Ans - 0)
or Ans = (1800 x 5) / 100 = 90
∴ Required answer = Rs. 90

1. What is the annual income by investing Rs. 3000 in 6% stock at 120 ?
1. Rs. 150
2. Rs. 100
3. Rs. 200
4. Rs. 250

1. 120 = (3000 x 6) / (Ans - 0)
∴ Ans = (3000 x 6) / 120

##### Correct Option: A

120 = (3000 x 6) / (Ans - 0)
∴ Ans = (3000 x 6) / 120 = Rs. 150

1. Find the annual income derived by investing Rs. 770 in 41/2% stock at 96 ? (Brokerage 1 / 4%)
1. Rs. 56
2. Rs. 46
3. Rs. 39
4. Rs. 36

1. 96 = (770 x 9/2) / (Ans - 1/4)
or Ans = (770 x 9/2) / (96 + 1/4)

##### Correct Option: D

96 = (770 x 9/2) / (Ans - 1/4)
or Ans = (770 x 9/2) / (96 + 1/4)
Ans = Rs. 36