E-PolyLearning

1. 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
View Answer Report Discuss 50-50!
Answer: (b).Rs. 6240

2. A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13(1/2). The rate of interest obtained is:
a. 12(1/2)%
b. 13(1/2)%
c. 15%
d. 16(2/3)%
View Answer Report Discuss 50-50!
Answer: (c).15%

3. Which is better investment: 11% stock at 143  or  9(3/4)% stock at 117?
a. 11% stock at 143
b. 9(3/4)% stock at 117
c. Both are equally good
d. Cannot be compared, as the total amount of investment is not given.
View Answer Report Discuss 50-50!
Answer: (b).9(3/4)% stock at 117

4. A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
a. Rs. 12
b. Rs. 15
c. Rs. 18
d. Rs. 21
View Answer Report Discuss 50-50!
Answer: (b).Rs. 15

5. By investing in 16(2/3)% stock at 64, one earns Rs. 1500. The investment made is:
a. Rs. 5640
b. Rs. 5760
c. Rs. 7500
d. Rs. 9600
View Answer Report Discuss 50-50!
Answer: (b).Rs. 5760

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