F Search

Q:

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

Answer & Explanation Answer: B) 15

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.

Report Error

View Answer Report Error Discuss

Filed Under: Stocks and Shares

Q:

What are types of threads?

Answer

User thread

Kernel thread

Workspace

Report Error

View answer Workspace Report Error Discuss

Subject: Operating Systems

Q:

Example:$800 is invested at 7% for 6 years.Find the interest compounded anually?

A) 400.58	B) 300.58
C) 200.58	D) 100.58

Answer & Explanation Answer: A) 400.58

Explanation:

M=P(1+i)^n

I=M-P

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded every six months?

A) 7401.22	B) 3456
C) 4567	D) 7890

Answer & Explanation Answer: A) 7401.22

Explanation:

With slight modifications, the basic formula can be made to deal with compounding at intervals other than annually.

Since the compounding is done at six-monthly intervals, 4 per cent (half of 8 per cent) will be added to the value on each occasion.

Hence we use r = 0.04. Further, there will be ten additions of interest during the five years, and so n = 10. The formula now gives:

V = P(1 + r)10 = 5,000 x (1.04)10 = 7,401.22

Thus the value in this instance will be £7,401.22.

In a case such as this, the 8 per cent is called a nominal annual

rate, and we are actually referring to 4 per cent per six months.

Report Error

View Answer Report Error Discuss

Filed Under: Simple Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What amount will be the value of the investment in five years time, if the interest is compounded annually

A) 7346.64	B) 8346
C) 3456	D) 4567

Answer & Explanation Answer: A) 7346.64

Explanation:

The only part of this type of calculation that needs particular
care is that concerning the interest rate. The formula assumes that
r is a proportion, and so, in this case:
r = 0.08
In addition, we have P = 5,000 and n = 5, so:
V = P(1 + r)5 = 5,000 x (1 + 0.08)5 = 5,000 x 1.469328 = 7,346.64
Thus the value of the investment will be 7,346.64

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

Calculate the effective interest rate of a 10% annual rate compounded continuously.

A) 9.52%	B) 10.52%
C) 11.52%	D) 12.52%

Answer & Explanation Answer: B) 10.52%

Explanation:

E=e^i-1

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

Calculate the effective interest rate compounded quarterly of a 13% annual rate.

A) 13.65%	B) 14.665%
C) 15.65%	D) 16.65%

Answer & Explanation Answer: A) 13.65%

Explanation:

E=(1+i/n)^n-1

Report Error

View Answer Report Error Discuss

Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 $\frac{1}{2}$ . The rate of interest obtained is:

A) 13%	B) 12
C) 15%	D) 16%

Answer & Explanation Answer: C) 15%

Explanation:

Investment = Rs. [20 x (50 - 5)] = Rs. 900.

Face value = Rs. (50 x 20) = Rs. 1000.

Dividend = $R s . (\frac{27}{2} * \frac{1000}{100}) = R s . 135$

Interest obtained = $\frac{135}{900} * 100$ % = 15%

Report Error

View Answer Report Error Discuss

Filed Under: Stocks and Shares

Searching for "F"

Quick Links