A. Rs. 500
B. Rs. 600
C. Rs. 650
D. Rs. 720
Number of shares= (14400 / 120) =120.
Face value=Rs.(100×120) =Rs.12000.
Annual Income= Rs.(5/100×12000) =Rs. 600.
Related Mcqs:
- 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
B. Rs. 600
C. Rs. 650
D. Rs. 720 - A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?
A. Rs.22
B. Rs.22.50
C. Rs.25
D. Rs.22.50 - A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ?
A. Rs. 37.50
B. Rs. 40
C. Rs. 48
D. Rs 52Submitted by: Name
Dividend on 1 share = Rs. ( 10/100 X 50 ) = Rs. 5. Rs. 12.50 is an income on an investment of Rs. 100. Rs. 5 is an income on an investment of Rs, ( 100 X 2/25 X 5 ) = Rs. 40. So Cost of 1 share = Rs. 40.
- A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investments, at what price did he buy the shares?
A. Rs.40
B. Rs.37.50
C. Rs.48
D. Rs.52 - 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. 12
B. 15
C. 18
D. 20 - Find the income derived from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum.
A. 150
B. 165
C. 180
D. 201 - A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is___________?
A. 7.50%
B. 8%
C. 9.70%
D. None of these. - 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%
B. 8%
C. 9.7%
D. None of these - Masood invests a part of Rs. 12000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A. Rs. 4500
B. Rs. 6000
C. Rs. 5500
D. Rs 4000 - A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?
A. 3600(8%), 4200(9%)
B. 4000(8%), 4200(9%)
C. 3600(8%), 4000(9%)
D. 4000(8%), 4000(9%)