Feedback
Home
Aptitude
16.
Jating invested Rs. 27260 in buying Rs. 100 shares of a company at Rs. 116 each. If the company paid 16% dividend at the end of the year. Find his income from the dividend.
  • A.
    Rs. 3560
  • C.
    Rs. 3760
  • B.
    Rs. 2760
  • D.
    Rs. 3660
  • Answer & Explanation
  • Report
Answer : [C]
Explanation :
 
Number of shares purchased by jatin =
27260
116
 = 235  
 
Face value of 235 shares = Rs. (235 x 100) = Rs. 23500.
 
Annual income from 235 shares = 16% of Rs. 23500
 
= Rs.  
16
100
x 23500    = Rs. 3760  
 
Report
Name Email  
17.
A person buys 9
1
2
  Stock of Rs. 72000 at 144. Find his annual income.    
  • A.
    Rs. 6640
  • C.
    Rs. 6900
  • B.
    Rs. 6840
  • D.
    Rs. 7240
  • Answer & Explanation
  • Report
Answer : [B]
Explanation :
 
Face value of the stock = Rs. 72000
 
 
  Income on stock = Rs.  
72000
100
x
19
2
   = Rs. 6840  
 
Report
Name Email  
18.
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 : 4
  • C.
    4 : 5
  • B.
    3 : 5
  • D.
    16 : 15
  • Answer & Explanation
  • Report
Answer : [D]
Explanation :
 
For an income of Re. 1 in 9% stock at 96, investment = Rs.  
96
9
   = Rs.
32
3
   
 
For an income of Re. 1 in 12% stock at 120, investment = Rs.  
120
12
   = Rs. 10    
 
 
  Ratio of investments =
32
3
 : 10 = 32 : 30 = 16 : 15    
 
Report
Name Email  
19.
Shyam purchased 12000 shares of a company, of par value Rs. 10 each, paying an annual dividend of 15% at such a price, that she gets 10% on her investment. Find the market value of a share.
  • A.
    Rs. 25
  • C.
    Rs. 20
  • B.
    Rs. 15
  • D.
    Rs. 14
  • Answer & Explanation
  • Report
Answer : [B]
Explanation :
 
Par value of 12000 shares = Rs. (12000 x 10) = Rs. 120000
 
Dividend received by Shyam = Rs.  
15
100
 x 120000      
 
  = Rs. 18000      
 
Let the market value of 12000 shares be Rs. x.
 
We have to find x such that 10% of x = 180000
 
 
 
10
100
 x x = 18000
 
 x = 18000 x 10 = 180000      
 
i.e. Market value of 12000 shares = Rs. 180000.
 
Hence, the market value of one share = Rs.  
180000
12000
   = Rs. 15.  
 
Report
Name Email  
20.
A man invested Rs. 14,400 in Rs. 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get?
  • A.
    Rs. 500
  • C.
    Rs. 650
  • B.
    Rs. 600
  • D.
    Rs. 720
  • Answer & Explanation
  • Report
Answer : [B]
Explanation :
 
Number of shares =  
14400
120
   = 120  
 
Face value = Rs. (100 x 120) = Rs. 12000.
 
Annual income = Rs.  
5
100
 x 12000    = Rs. 600  
 
Report
Name Email  
 
  © 2024 infibee.com. All Rights Reserved.   Copyright | Privacy Policy | Sitemap  
Contact us on : info@infibee.com  
 
 
Share   Facebook   Twitter   Google +   Digg