1. The cost price of a 100 stock at 4 discount, when brokerage is 0.25% is
A. 95.75
B. 96
C. 96.25
D. 104.25
Correct Answer : C
2. The cash realised on selling a 14% stock at 106.25, brokerage being 0.25% , is
A. 105.5
B. 106
C. 106.5
D. 113.75
Correct Answer : B
3. How many shares of market value 25 each can be purchased for 12750, brokerage being 2%?
A. 450
B. 500
C. 550
D. 600
Correct Answer : B
4. A man invests in a 16% stock at 128. The interest obtained by him is
A. 8%
B. 12%
C. 12.50%
D. 16%
Correct Answer : C
5. The income derived from a 100, 13% stock at 105, is
A. 5
B. 8
C. 13
D. 18
Correct Answer : C
6. A wants to secure an annual income of 1500 by investing in 15% debentures of face value 100 each and available for 104 each. If the brokerage is 1%, then the sum of money he should invest is
A. 10504
B. 10784
C. 15000
D. 19642
Correct Answer : A
7. A man invested 4455 in 10 shares quoted at 8.25. If the rate of dividend be 12%, his annual income is :
A. 207.4
B. 534.6
C. 648
D. 655.6
Correct Answer : C
8. A man invested 14,400 in 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get?
A. 500
B. 600
C. 650
D. 720
Correct Answer : B
9. A person has deposited 13200 in a bank which pays 14% interest. He withdraws the money and invests in 100 stock at 110 which pays a dividend of 15%. How much does he gain or lose?
A. Loses 48
B. Gains 48
C. Loses 132
D. Gains 132
Correct Answer : A
10. A 6% stock yields 8%. The market value of the stock is
A. 48
B. 75
C. 96
D. 133.33
Correct Answer : B
11. A 9% stock yields 8%. The market value of the stock is
A. 72
B. 92
C. 112.5
D. 116.5
Correct Answer : C
12. A 12% stock yielding 10% is quoted at
A. 83.33
B. 110
C. 112
D. 120
Correct Answer : D
13. By investing 3450 in a 4.5% stock, a man obtains an income of 150. Find the market price of the stock.
A. 103.5
B. 105
C. 1075.5
D. 110
Correct Answer : A
14. To produce an annual income of 1200 from a 12% stock at 90, the amount of stock needed is
A. 10000
B. 10800
C. 14400
D. 16000
Correct Answer : A
15. In order to obtain an income of 650 from 10% stock at 96, one must make an investment of
A. 3100
B. 6240
C. 6500
D. 9600
Correct Answer : B
16. By investing in 16.66 % stock at 64, one earns 1500. The investment made is
A. 5640
B. 5760
C. 7500
D. 9600
Correct Answer : B
17. A man invested 1552 in a stock at 97 to obtain an income of 128. The dividend from the stock is
A. 7.50%
B. 8%
C. 9.70%
D. None of these
Correct Answer : B
18. A man bought 20 shares of 50 at 5 discount, the rate of dividend being 13.5 %. The rate of interest obtained is :
A. 12.50%
B. 13.50%
C. 15%
D. 16.66%
Correct Answer : C
19. At what price should I buy a share the value of which is 100, paying a dividend of 8% so that my yield is 11%?
A. 70
B. 72.72
C. 75
D. 84
Correct Answer : B
20. A man buys 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares?
A. 37.5
B. 40
C. 48
D. 52
Correct Answer : B
21. The market value of a 10.5% stock, in which an income of 756 is derived by investing 9000, brokerage being 0.25% , is
A. 108.25
B. 112.2
C. 124.75
D. 125.25
Correct Answer : C
22. Sakshi invests a part of 12,000 in 12% stock at 120 and the remainder in 15% stock at 125. If his total dividend per annum is 1360, how much does he invest in 12% stock at 120?
A. 4000
B. 4500
C. 5500
D. 6000
Correct Answer : A
23. 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
A. 4800
B. 5000
C. 5400
D. 5600
Correct Answer : B
24. A person wants to invest 140000 in two types of bonds. The annual return is 12% on bond A and 16% on bond B. One of the conditions requires that the investment in bond B cannot be more than 40% of the investment in bond A. What is the maximum return he ca
A. 15600
B. 16800
C. 19200
D. 20800
Correct Answer : B
25. A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio
A. 3:04
B. 3:05
C. 4:05
D. 16:15
Correct Answer : D
26. Which is better investment — 11% stock at 143 or 9.75 % stock at 117?
A. 11% stock at 143
B. 9.75 % stock at 117
C. Both are equally good
D. Cannot be compared, as the total mount of investment is not given
Correct Answer : B
27. A person invests 5508 in 4% stock at 102. He afterwards sells out at 105 and reinvests in 5% stock at 126. What is the change in his income?
A. 7
B. 9
C. 10
D. 20
Correct Answer : B
28. A retired man sells out 7500 of a 10% stock at 105.50 and invests the proceeds in 14% stock at 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction?
A. 95
B. 114
C. 132
D. None of these
Correct Answer : C
29. Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or 14.28% stock at 120 free from income tax?
A. 12% stock
B. 14.28% stock
C. Both are equally good
D. Cannot be compared
Correct Answer : B
30. A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :
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