Arithmetic aptitude :: Stocks and Shares :: General Questions

• Stocks and Shares - General Questions

Find the annual income derived from Rs. 2,800, 4% stock at 122.

Answer:

Explanation:

Annual income = Total amount of stock X Rate % of stock

=( 2800 X 4) / 100= Rs. 112

 A man buys Rs. 30 shares in a company which pays 9% dividend. The money  invested is such that it gives 10% on investment. At what price did he buy the shares?

Answer:

Explanation:

Suppose he buys each share for Rs. x.

Then (30 x (9/100))=(X * (10/100)) or X =27

Cost of each share = Rs. 27

Cost of each share = Rs. 22.50.

Find the cost of 100 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 per share

Answer:

Explanation:

Cost of 1 share = Rs.[ (10-(3/4)) + (1/4)]= Rs 19/2

Cost of 100 shares = Rs. (19/2) x 100=950

Which is better investment ?  7(1/2) % stock at 105 or 6( 1/2) %  stock at 94.

Answer:

Explanation:

Let the investment in each case be Rs. (105 x 94).

Case I : 7 (1/2) % stock at 105

On investing Rs. 105, income = Rs 15/2

On investing Rs. (105 x 94), income = Rs. ( (15/2) x (1/105) x 105 x 94= 705

Case II : 6 (1/2) % stock at 94

On investing Rs. 94, income = Rs. 13/2

On investing Rs. (105 x 94), income = Rs. ( (13/2) x (1/94) x 105 x 94)=Rs. 682.50.

Clearly, the income from 7 (1/2) % stock at 105 is more.

Hence, the investment in 7 (1/2) % stock at 105 is better

Find the annual income derived by investing Rs. 7800 in 10% stock at 136.

Answer:

Explanation:

By investing Rs. 136, income obtained = Rs. 10.

By investing Rs. 7800, income obtained = Rs (10/136) x 7800=573.53

• Stocks and Shares - General Questions