What is the rate of return on a 10% stock bought at 125?
Correct answer A. 8%
Explanation
An outlay of Rs. 125 buys Rs. 100 of stock paying Rs. 10 a year. Yield = 10/125 × 100 = 8%.
Answer checked How we write and check questions
Tip: press A, B, C or D to answer, and N for the next question.
Advertisement
More Stocks and Shares questions
See allSakshi 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
The cost price of a Rs. 100 stock at 4 discount, when brokerage is ¼ % is:
Correct answer C. Rs. 96.25
Advertisement
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
A 12% stock yielding 10% is quoted at:
Correct answer D. Rs. 120
Discussion