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 ?
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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 invested some money in 4% stock at 96. Now, B wants to invest in an equally goods 5% stock. B must purchase a stock worth of ?
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For an income of Rs. 4, investment = Rs. 96
For an income of Rs. 5, investment = Rs. (96/4) x 5Correct Option: A
For an income of Rs. 4, investment = Rs. 96
For an income of Rs. 5, investment = Rs. (96/4) x 5 = Rs. 120
- I want to purchase a 6% stock which must yield 5% on my capital. At what price must I buy the stock ?
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For an income of Rs. 5, investment = Rs. 100
For an income of Rs. 6, investment = Rs. (100/5) x 6Correct Option: D
For an income of Rs. 5, investment = Rs. 100
For an income of Rs. 6, investment = Rs. (100/5) x 6 = Rs. 120
- Which is the better stock, 5% at 143 or 31/2% at 93 ?
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Let investment in each case be Rs. (143 x 93)
Income from 5% stock = Rs. (5 / 143) x 143 x 93 = Rs. 465
Income from 31/2% stock = Rs. (3.5 / 93) x 143 x 93 = Rs. 500.50Correct Option: B
Let investment in each case be Rs. (143 x 93)
Income from 5% stock = Rs. (5 / 143) x 143 x 93 = Rs. 465
Income from 31/2% stock = Rs. (3.5 / 93) x 143 x 93 = Rs. 500.50
∴ 31/2% stock at 93 is better.
- A man invest some money party in 3% stock at 96 and party in 4% stock at 120. To get equal dividend from both, he must invest the money in the ratio ?
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For an income of Re. 1 in 3% stock, investment = Rs. (96 / 3) = Rs. 32
For an income of Re. 1. in 4% stock investment = Rs. (120 / 4) = Rs. 30Correct Option: A
For an income of Re. 1 in 3% stock, investment = Rs. (96 / 3) = Rs. 32
For an income of Re. 1. in 4% stock investment = Rs. (120 / 4) = Rs. 30
∴ Ratio of investment = 32 : 30 = 16 : 15