In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
- (A) Rs. 3100
- (B) Rs. 6240
- (C) Rs. 6500
- (D) Rs. 9600
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A man bought 20 shares of Rs. 50 at a 5% discount, the rate of dividend being 13.5%. The rate of interest obtained is:
- (A) 12*1/2%
- (B) 13*1/2%
- (C) 15%
- (D) 16*2/3%
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Which is a better investment: 11% stock at 143 or 9*3/4% stock at 117?
- (A) 11% stock at 143
- (B) 9*3/4% stock at 117
- (C) Both are equally good
- (D) Cannot be compared, as the total amount of investment is not given.
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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. The market value of each share is:
- (A) Rs. 12
- (B) Rs. 15
- (C) Rs. 18
- (D) Rs. 21
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By investing in 16 ⅔ % stock at 64, one earns Rs. 1500. The investment made is:
- (A) Rs. 5640
- (B) Rs. 5760
- (C) Rs. 7500
- (D) Rs. 9600
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A 6% stock yields 8%. The market value of the stock is:
- (A) Rs. 48
- (B) Rs. 75
- (C) Rs. 96
- (D) Rs. 133.33
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A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend is 12%, his annual income is:
- (A) Rs. 207.40
- (B) Rs. 534.60
- (C) Rs. 648
- (D) Rs. 655.60
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Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have an equal amount of incomes. The investment in 9% stock is:
- (A) Rs. 4800
- (B) Rs. 5000
- (C) Rs. 5400
- (D) Rs. 5600
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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:
- (A) 3:4
- (B) 3:5
- (C) 4:5
- (D) 16:15
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By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:
- (A) Rs. 80
- (B) Rs. 96
- (C) Rs. 106
- (D) Rs. 108
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