Stocks and Shares Questions And Answers.
Exercise ::
Stocks and Shares
1. A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?
A. Rs.22 B. Rs.22.50 C. Rs.25 D. Rs.22.50
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2. Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.
A. 812 B. 912 C. 1012 D. 1112
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3. 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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4. In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of___?
A. Rs. 6240 B. Rs.3100 C. Rs.6500 D. Rs.9600
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5. Find the annual income derived by investing Rs. 6800 in 10% stock at 136.
A. 200 B. 300 C. 400 D. 500
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