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11.
Seema had 50 preferred shares and 400 common shares of par value Rs. 100 each. If the dividend declared on preferred shares is 10% per annum and a semi-annual dividend of 7.5% is on common shares find the annual dividend received by Seema.
- A.Rs. 7500
- C.Rs. 8500
- B.Rs. 6500
- D.Rs. 5500
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
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12.
Find the income on 12% stock of Rs. 60000 purchased at Rs. 110
- A.Rs. 7200
- C.Rs. 7400
- B.Rs. 7500
- D.Rs. 8200
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
| Face value of the stock = Rs. 60000 | |||||||||
| Income on Rs. 100 stock = Rs. 12 | |||||||||
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13.
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%
- C.9.7%
- B.8%
- D.None of these
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
| By investing Rs. 1552, income = Rs. 128 | |||||||||
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14.
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- A.Rs. 19642.60
- C.Rs. 18543.60
- B.Rs. 17543.00
- D.Rs. 18600.60
- Answer & Explanation
- Report
Answer : [C]
Explanation :
Explanation :
| Brokerage = 1% Rs. 90 = Re. 0.90 | |||||||||
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15.
A 12% stock yielding 10% is quoted at:
- A.Rs. 83.33
- C.Rs. 112
- B.Rs. 110
- D.Rs. 120
- Answer & Explanation
- Report
Answer : [D]
Explanation :
Explanation :
| To earn Rs. 10, money invested = Rs. 100. | |||||||||
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