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:
Correct answer C. Rs. 648
Tip: press A, B, C or D to answer, and N for the next question.
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More Stocks and Shares questions
See allA 6% stock yields 8%. The market value of the stock is:
Correct answer B. Rs. 75
By investing in 16 % stock at 64, one earns Rs. 1500. The investment made is:
Correct answer B. Rs. 5760
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Which is better investment: 11% stock at 143 or 9 % stock at 117?
Correct answer B. 9% stock at 117
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 . The rate of interest obtained is:
Correct answer C. 15%
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