The cost price of a Rs.100 stock at 4 discount, when brokerage is % is :

A) Rs.95.75 | B) Rs.96 |

C) Rs.96.25 | D) Rs.104.25 |

view answer Workspace Report Error Discuss

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

A man invested Rs. 14,400 in Rs. 100 shares of a company at 20% premium. If his company declares 5% dividend at the end of the year, then how much does he get?

A) Rs.500 | B) Rs.600 |

C) Rs.650 | D) Rs.720 |

Explanation:

Number of shares = =120.

Face value = Rs.(100 x 120) = Rs.12000.

Annual income = = Rs. 600

view answer Workspace Report Error Discuss

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:

A) 12 | B) 15 |

C) 18 | D) 20 |

Explanation:

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.

view answer Workspace Report Error Discuss

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

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

A) Rs.48 | B) Rs.75 |

C) Rs.96 | D) Rs.133.33 |

Explanation:

For an income of Rs. 8, investment = Rs. 100.

For an income of Rs 6, investment =Rs. = Rs. 75

Market value of Rs. 100 stock = Rs. 75.

view answer Workspace Report Error Discuss

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discount (brokerage %)

A) 2000 | B) 2298 |

C) 2290 | D) 2289 |

Explanation:

By selling Rs. 100 stock , cash realised =

By selling Rs. 2400 stock, cash realised = = Rs 2298.

view answer Workspace Report Error Discuss

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability