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A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. What is the market value of each share?
A man invested Rs.1552 in a stock at 97 to obtain an income of Rs.128. What is the dividend from the stock?
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income =
Dividend = 8%
The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1/5% is
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of
By investing in 50/3% stock at 64, one earns Rs. 1500. The investment made is
A man invested Rs. 4940 in Rs. 10 shares quoted at Rs. 9.50. If the rate of dividend be 14%, his annual income is
A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal dividends from both, he must invest the money in the ratio:
In case of stock1, if he invest Rs.105, he will get a dividend of Rs.12 (assume face value = 100)
In case of stock2, if he invest Rs.88, he will get a dividend of Rs.8 (assume face value = 100)
ie, if he invest Rs.(88*12)/8, he will get a dividend of Rs.12
Required ratio = 105 : (88 × 12)/8 = 105 : (11 × 12) = 35 : (11 × 4) = 35 : 44
A man bought 40 shares of Rs. 60 at 5 discount, the rate of dividend being %The rate of interest obtained is
By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted at
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 1⁄4 %, is: