Stocks and Shares - Data Intensity 1 Multiple Questions and Answers.




6.By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_____?
A. 80
B. 96
C. 106
D. 108

7.Find the annual income derived from Rs. 2500, 8% stock at 106.
A. 100
B. 150
C. 200
D. 250

8.A man invests in a 16% stock at 128. The interest obtained by him is:_____?
A. 16%
B. 12.50%
C. 8%
D. 12%

9.Find the cash required to purchase Rs. 3200, 7(1/2) % stock at 107(brokerage (1/2) %).
A. 3440
B. 4440
C. 5440
D. 6440

10.The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1/4 % is:__ __?
A. Rs. 96
B. Rs. 95.75
C. Rs. 96.25
D. Rs. 104.25

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