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
Tip: press A, B, C or D to answer, and N for the next question.
Advertisement
More Stocks and Shares questions
See allA 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%
Advertisement
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
Discussion