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Stocks and Shares - Data Intensity 1 Multiple Questions and Answers.
| 26. | A 9% stock yields 8%. The market value of the stock is___? | ||
| A. | Rs. 72 | ||
| B. | Rs. 92 | ||
| C. | Rs. 112.50 | ||
| D. | Rs. 116.50 | ||
| 27. | A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of___? | ||
| A. | Rs. 80 | ||
| B. | Rs. 115.20 | ||
| C. | Rs. 120 | ||
| D. | Rs. 125.40 | ||
| 28. | How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ? | ||
| A. | 450 | ||
| B. | 500 | ||
| C. | 550 | ||
| D. | 600 | ||
| 29. | To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is___? | ||
| A. | Rs. 10,000 | ||
| B. | Rs. 10,800 | ||
| C. | Rs. 14,400 | ||
| D. | Rs. 16,000 | ||
| 30. | 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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