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.

Related Mcqs:

1. Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.

   A. 812
   B. 912
   C. 1012
   D. 1112

2. 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

3. 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

4. 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 52

   Submitted 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.

5. 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

6. 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

7. 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

8. How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ?

   A. 450
   B. 500
   C. 550
   D. 600

9. 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

10. 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.