Stocks and Shares
 Rs. 2780 are invested party in 4% stock at 75 and 5% stock at 80 to have equal amount of incomes. The investment in 5% stock is ?

 Rs. 1500
 Rs. 1280
 Rs. 1434.84
 Rs. 1640

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Let the investment in 4% stock be Rs. N.
Then, investment in 5% stock = Rs. (2780  N)
Income from 4% stock = Rs. (4/75) x N
Income from 5% stock = Rs. [(5/80 x (2780  N)]
∴ 4N / 75 = (2780  N) / 16
or N = 1500Correct Option: B
Let the investment in 4% stock be Rs. N.
Then, investment in 5% stock = Rs. (2780  N)
Income from 4% stock = Rs. (4/75) x N
Income from 5% stock = Rs. [(5/80 x (2780  N)]
∴ 4N / 75 = (2780  N) / 16
or N = 1500
So, investment in 5% stock = Rs. (2780  1500) = Rs. 1280
 A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 6% his annual income is ?

 Rs. 267.30
 Rs. 327.80
 Rs. 324
 Rs. 103.70

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Number of shares = 4455 / 8.25 = 540
Face value = Rs. (540 x 10) = Rs. 5400
Income = Rs. (6/100) x 5400Correct Option: C
Number of shares = 4455 / 8.25 = 540
Face value = Rs. (540 x 10) = Rs. 5400
Income = Rs. (6/100) x 5400 = Rs. 324
 A man bought 20 shares of Rs. 50 at 5 discount the rate of dividend being 4^{3}/_{4}% The rate of interest obtained is ?

 4^{3}/_{4}%
 3^{1}/_{4}%
 5.28%
 4.95%

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Face value = Rs. (50 x 20) = Rs. 1000
Dividend = Rs. (1000 x 19) / (4 x 100) = Rs. 95/2
Investment = Rs. (45 x 20) = Rs. 900Correct Option: C
Face value = Rs. (50 x 20) = Rs. 1000
Dividend = Rs. (1000 x 19) / (4 x 100) = Rs. 95/2
Investment = Rs. (45 x 20) = Rs. 900
Rate = Rs. (95 x 100) / (2 x 900) = 5.28%
 A man buys Rs. 20 shares paying 9% dividend. The man want to have an interest of 12% on his money. The market value of each share must be ?

 Rs. 12
 Rs. 15
 Rs. 18
 Rs. 21

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Dividend on Rs. 20 = Rs. 9 / (100 x 20) = Rs. 9/5
Rs. 12 is an income on Rs. 100
∴ Rs. 9/5 is an income on Rs. (100/12) x (9/5)Correct Option: B
Dividend on Rs. 20 = Rs. 9 / (100 x 20) = Rs. 9/5
Rs. 12 is an income on Rs. 100
∴ Rs. 9/5 is an income on Rs. (100/12) x (9/5) = Rs. 15
 A man invested Rs. 388 in a stock at 97 to obtain and income of Rs. 22. The dividend from the stock is ?

 12%
 3%
 5^{1}/_{2}%
 22.68%

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When investment is Rs. 388, income = Rs. 22
When investment is Rs. 97, income = Rs. (22 / 388) x 97 = Rs. 5.50Correct Option: C
When investment is Rs. 388, income = Rs. 22
When investment is Rs. 97, income = Rs. (22 / 388) x 97 = Rs. 5.50
∴ Dividend on Rs. 100 stock = 5^{1}/_{2}%