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By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted at
- a)Rs.135
- b)Rs. 96
- c)Rs. 85
- d)Rs. 122
Correct answer is option 'A'. Can you explain this answer?
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By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is th...
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By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is th...
Given:
- Investment amount: Rs. 1800
- Rate of stock: 9%
- Earnings: Rs. 120
To find:
- Quoted price of the stock
Solution:
Step 1: Calculate the dividend received
The dividend earned from the investment can be calculated by using the formula:
Dividend = (Investment amount * Rate of stock) / 100
Substituting the given values:
Dividend = (1800 * 9) / 100
Dividend = 162
Step 2: Calculate the market value of the stock
The market value of the stock can be calculated using the formula:
Market Value = Dividend / Earnings
Substituting the given values:
Market Value = 162 / 120
Market Value = 1.35
Step 3: Convert the market value to the quoted price
The quoted price is the market value of the stock multiplied by 100, as the market value is usually expressed as a percentage.
Quoted Price = Market Value * 100
Quoted Price = 1.35 * 100
Quoted Price = Rs. 135
Therefore, the quoted price of the stock is Rs. 135, which matches option A.
- Investment amount: Rs. 1800
- Rate of stock: 9%
- Earnings: Rs. 120
To find:
- Quoted price of the stock
Solution:
Step 1: Calculate the dividend received
The dividend earned from the investment can be calculated by using the formula:
Dividend = (Investment amount * Rate of stock) / 100
Substituting the given values:
Dividend = (1800 * 9) / 100
Dividend = 162
Step 2: Calculate the market value of the stock
The market value of the stock can be calculated using the formula:
Market Value = Dividend / Earnings
Substituting the given values:
Market Value = 162 / 120
Market Value = 1.35
Step 3: Convert the market value to the quoted price
The quoted price is the market value of the stock multiplied by 100, as the market value is usually expressed as a percentage.
Quoted Price = Market Value * 100
Quoted Price = 1.35 * 100
Quoted Price = Rs. 135
Therefore, the quoted price of the stock is Rs. 135, which matches option A.
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By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer?
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By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer? for LR 2024 is part of LR preparation. The Question and answers have been prepared according to the LR exam syllabus. Information about By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for LR 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer?.
By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer? for LR 2024 is part of LR preparation. The Question and answers have been prepared according to the LR exam syllabus. Information about By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for LR 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By investing Rs. 1800 in 9% stock, Syam earns Rs. 120. The stock is then quoted ata)Rs.135b)Rs. 96c)Rs. 85d)Rs. 122Correct answer is option 'A'. Can you explain this answer?.
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