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




11.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. 3:04
B. 3:05
C. 4:05
D. 16:15

12.Find the cost of Rs. 6400, 10% stock at 15 discount.
A. 5440
B. 5480
C. 6440
D. 6480

13.To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:__?
A. Rs. 10800
B. Rs. 10000
C. Rs. 14400
D. Rs. 16000

14.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

15.A man buys Rs. 20 shares paying 9% dividenThe man wants to have an interest of 12% on his money. The market value of each share is:___?
A. 12
B. 15
C. 18
D. 20

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