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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

Answer: Option B

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is:

A.

12

1

%

2

B.

13

1

%

2

C.

15%

D.

16

2

%

3

Answer: Option C


Which is better investment: 11% stock at 143 or 9% stock at 117?

A.

11% stock at 143

B.

9

3

% stock at 117

4

C.

Both are equally good

D.

Cannot be compared, as the total amount of investment is not given.

Answer: Option B

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

Answer: Option B


By investing in 16% stock at 64, one earns Rs. 1500. The investment made is:

A.

Rs. 5640

B.

Rs. 5760

C.

Rs. 7500

D.

Rs. 9600

Answer: Option B

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