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46.
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| The rate of interest obtained is: |
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A.12
1 % 2 - C.15%
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B.13
1 % 2 -
D.16
2 % 3
- Answer & Explanation
- Report
Answer : [C]
Explanation :
Explanation :
| Investment = Rs. [20 x (50 – 5)] = Rs. 900. | ||||||||||||
| Face value = Rs. (50 x 20) = Rs. 1000. | ||||||||||||
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47.
Mac buys 200 shares of par value Rs. 10 each, of a company, which pays an annual dividend of 8% at such a price that he gets 10% on his investment. Find the market value of share.
- A.Rs. 8
- C.Rs. 6
- B.Rs. 10
- D.Rs. 12
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
| Par value of 200 shares = Rs. (200 x 10) = Rs. 2000 | ||||||||||||
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| Let the market value of 200 shares be Rs. x. | ||||||||||||
| We have to find x such that 10% of x = 160 | ||||||||||||
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| i.e. Market value of 200 shares = Rs. 1600. | ||||||||||||
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48.
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- A.Rs. 1550
- C.Rs. 1500
- B.Rs. 1450
- D.Rs. 1600
- Answer & Explanation
- Report
Answer : [C]
Explanation :
Explanation :
| Face value of the stock = Rs. 20000 | ||||||||||||||||
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49.
Find the investment required to purchase Rs. 125000 of 8% stock at 92.
- A.Rs. 115000
- C.Rs. 105000
- B.Rs. 120000
- D.Rs. 125000
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
| Market value of Rs. 100 stock = Rs. 92 | ||||||||||||
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50.
A company declared an annual dividend of 10%. Find the annual dividend received by Anu owing 400 shares of the company having a par value of Rs. 100 each.
- A.Rs. 45000
- C.Rs. 50000
- B.Rs. 40000
- D.Rs. 60000
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
| Annual divided on one share = 10% of Rs. 100 | |||||||||
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