Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
Correct answer A. Rs. 4000
Topic / 34 questions
Stocks and Shares MCQs
Page 2 of Stocks and Shares multiple-choice questions with answers. Tap an option to check yourself.
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The cost price of a Rs. 100 stock at 4 discount, when brokerage is ¼ % is:
Correct answer C. Rs. 96.25
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being %, is:
Correct answer C. Rs. 124.75
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A 12% stock yielding 10% is quoted at:
Correct answer D. Rs. 120
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
Correct answer B. 8%
By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:
Correct answer B. Rs. 96
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:
Correct answer D. 16 : 15
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:
Correct answer B. Rs. 5000
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
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A 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
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%
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Correct answer B. Rs. 6240