Stocks and Shares
 Find the income derived form 44 shares of Rs. 25 each at 5 premium (brokerage 1/4 per share ), the rate of dividend being 5%. Also find the rate of interest in the investment ?

 Rs. 60.5, 4.55 %
 Rs. 60, 5%
 Rs. 80.5, 5.55 %
 None of these

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Cost of shares = 44(25 + 5 + 1/4) = Rs. 1331
∴ Investment made = Rs. 1331
Now, face value of 1 share = Rs. 25
∴ Face value of 44 shares = Rs. (44 x 25) = Rs. 1100
Now, dividend on Rs. 100 = Rs. 11/2
∴ Dividend on Rs. 1100 = Rs. [(11/2) / 100] x 1100 = Rs. 60.50Correct Option: A
Cost of shares = 44(25 + 5 + 1/4) = Rs. 1331
∴ Investment made = Rs. 1331
Now, face value of 1 share = Rs. 25
∴ Face value of 44 shares = Rs. (44 x 25) = Rs. 1100
Now, dividend on Rs. 100 = Rs. 11/2
∴ Dividend on Rs. 1100 = Rs. [(11/2) / 100] x 1100 = Rs. 60.50
Also, income on investment of Rs. 1331 = Rs. 60.50
∴ Income on investment of Rs. 100 = Rs. (60.50 / 1331) x 100 = 4.55%
 A company declared an annual dividend of 10%. Find out the annual dividend received by Anu owning 4000 shares of the company having a face value of $ 100 each.

 $ 45000
 $ 40000
 $ 50000
 $ 60000

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∵ Annual dividend on 4000 shares = Total shares x Annual dividend on one share
Correct Option: B
Given in the question : Face value = $ 100 , Total shares = 4000
Annual dividend on one share = 10% of Face value
Annual dividend on one share = 10% of $ 100Annual dividend on one share = $ 10 x 100 = $ 10 100
∴ Annual dividend on 4000 shares = Total shares x Annual dividend on one share
Annual dividend on 4000 shares = $ (4000 × 10) = $ 40000
 Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 each. If the company paid 16% dividend at the end of the year, find his income from the dividend.

 $ 3560
 $ 2760
 $ 3760
 $ 3660

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Number of shares purchased by Jatin = Total investment Face value
∴ Annual income from 235 shares = 16% x Face value of 235 sharesCorrect Option: C
Given that : Face value = $ 116 each
Total investment by Jatin = $ 27260Number of shares purchased by Jatin = Total investment Face value Number of shares purchased by Jatin = 27260 = 235 . 116
Face value of 235 shares = $ (235 × 100) = $ 23500.
∴ Annual income from 235 shares = 16% x Face value of 235 shares
Annual income from 235 shares = 16% of $ 23500Annual income from 235 shares = $ 16 x 23500 = $ 3760 100
 Find the income on 12% stock of $ 60000 purchased at $ 110.

 $ 7200
 $ 7500
 $ 7400
 $ 8200

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Required Income on $ 60000 = Income on $ 1 stock x Face value of the stock
Correct Option: A
Given that : Face value of the stock = $ 60000
∵ Income on $ 100 stock = $ 12∴ Income on $ 1 stock = $ 12 100
Required Income on $ 60000 = Income on $ 1 stock x Face value of the stockRequired Income on $ 60000 = $ 12 x 60000 = $ 7200 100
 Find out the investment required to get an income of $ 1938 from 9^{1}/_{2}% stock at 90 (Brokerage 1%).

 $ 19642.60
 $ 17543.00
 $ 18543.60
 $ 18600.60

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Brokerage = 1% $ 90 = $ 0.90
∴ Investment needed to buy $ 100 stock
= $ 90.90 on which the income is $ 9%
For income of $ 9^{1}/_{2} , the investment = $ 90.90Correct Option: C
Given that : Brokerage = 1% $ 90 = $ 0.90
∴ Investment needed to buy $ 100 stock
= $ 90.90 on which the income is $ 9%
For income of $ 9^{1}/_{2} , the investment = $ 90.90
For income of $ 1938, the investment= $ 90.90 x 2 x 1938 = $ 18543.60 . 19