STOCK & SHARES (MCQs)

A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

  • (A) 7.5%
  • (B) 8%
  • (C) 9.7%
  • (D) None of these
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A 12% stock yielding 10% is quoted at:

  • (A) Rs. 83.33
  • (B) Rs. 110
  • (C) Rs. 112
  • (D) Rs. 120
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The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 0.5%, is:

  • (A) Rs. 108.25
  • (B) Rs. 112.20
  • (C) Rs. 124.75
  • (D) Rs. 125.25
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The cost price of a Rs. 100 stock at 7% discount, when brokerage is 1%, is:

  • (A) Rs. 95.75
  • (B) Rs. 96
  • (C) Rs. 96.25
  • (D) Rs. 104.25
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Sakhi 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?

  • (A) Rs. 4000
  • (B) Rs. 4500
  • (C) Rs. 5500
  • (D) Rs. 6000
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