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Stocks & Shares
1.In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

Answer:Option 1

Explanation:

Solution:
To obtain Rs. 10, investment = Rs. 96.
To obtain Rs. 650, investment =
Rs.(9610×650)=Rs.6240

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2.A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 131/2. The rate of interest obtained is:

Answer:Option 1

Explanation:

Solution:
Investment=Rs.[20×(505)]=Rs.900.FaceValue=Rs.(50×20)=Rs.1000.Dividend=Rs.(272×1000100)=Rs.135.InterestObtained=(135900×100)%=15%

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3.Which is better investment: 11% stock at 143  or  93/4% stock at 117?

Answer:Option 1

Explanation:

Solution:
LetinvestmentineachcasebeRs.(143×117).Incomein1stcase=Rs.(11143×143×117)=Rs.1287.Incomein2ndcase=Rs.(394×117×143×117)=Rs.1394.25Clearly,934%stockat117isbetter.

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4.By investing in 162/3% stock at 64, one earns Rs. 1500. The investment made is:

Answer:Option 1

Explanation:

Solution:
To earn Rs. 50/3, investment = Rs. 64.
To earn Rs. 1500, investment =
Rs.(64×350×1500)=Rs.5760

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5.A 6% stock yields 8%. The market value of the stock is:

Answer:Option 1

Explanation:

Solution:
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6, investment =
Rs.(1008×6)=Rs.75
∴ Market value of Rs. 100 stock = Rs. 75.

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6.A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:

Answer:Option 1

Explanation:

Solution:
Numberofshares=(44558.25)=540.Facevalue=Rs.(540×10)=Rs.5400.Annualincome=Rs.(12100×5400)=Rs.648.

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7.Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:

Answer:Option 1

Explanation:

Solution:
Lettheivestmentin9%stockbeRs.x.Then,investmentin10%stock=Rs.(9800x).975×x=1080×(9800x)3x25=9800x824x=9800×2525x49x=9800×25x=5000.

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8.By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:

Answer:Option 1

Explanation:

Solution:
ToearnRs.135,investment=Rs.1620.ToearnRs.8,investment=Rs.(1620135×8)=Rs.96.MarketvalueofRs.100stock=Rs.96.

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9.A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

Answer:Option 1

Explanation:

Solution:
ByinvestingRs.1552,income=Rs.128.ByinvestingRs.97,income=Rs.(1281552×97)=Rs.8.Dividend=8%

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10.A 12% stock yielding 10% is quoted at:

Answer:Option 1

Explanation:

Solution:
ToearnRs.10,moneyinvested=Rs.100.ToearnRs.12,moneyinvested=Rs.(10010×12)=Rs.120.MarketvalueofRs.100stockas=Rs.120

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