Rances & Games of Skill

  1. Question: The cash realised on selling a 14% stock at Rs. 106.25, brokerage being `1/4%,` is :

    A
    Rs. 105.50

    B
    Rs. 106.50

    C
    Rs. 106

    D
    Rs. 113.75

    Note: Cash realised = Rs. (106.25 - 0.25) = Rs.106.
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  2. Question: A man investment Rs.1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is :

    A
    8%

    B
    7.5%

    C
    9.7%

    D
    None of these

    Note: By investing Rs. 1552, income = Rs.128. By investing Rs.97,income `= Rs. (128/1552 xx 97) = Rs. 8.`
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  3. Question: By investing in` 16 2/3%`stock at 64, one earns Rs. 1500. The investment made is :

    A
    Rs. 9600

    B
    Rs. 5760

    C
    Rs. 5640

    D
    Rs. 7500

    Note: To earn Rs.` 50/3,` investment = Rs.64 To earn Rs. 1500, investment `= Rs. (64 xx 3/50 xx 1500)` `= Rs. 5760`
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  4. Question: A invested some money in 10% stock at Rs.96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :

    A
    Rs. 120

    B
    Rs. 115.20

    C
    Rs. 80

    D
    Rs. 125.40

    Note: For an income of Rs. 10, investment = Rs. 96. For an income of Rs.12, investment `= Rs. (96/10 xx 12)` `= Rs. 115.20.`
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  5. Question: A man boys 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

    Note: Dividend on Rs. 20 `= Rs. (9/100 xx 20)` `= Rs. 9/5.` Rs 12 is an income on Rs. 100. :. Rs. `9/5` is an income on Rs`,(100/12 xx 9/5)` `= Rs. 15.
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  6. Question: A man interested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the man gets 12.5% on his annual income is :

    A
    Rs. 534.60

    B
    Rs. 655.60

    C
    Rs. 648

    D
    Rs. 207.40

    Note: Number of shares` = (4455/8.25)` `= 540` Face value`= Rs. (540 xx 10)` `= Rs. 5400. Annual income` = Rs. (12/100 xx 5400)` ` = Rs. 648`
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  7. Question: 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. 40

    B
    Rs. 48

    C
    Rs. 52

    D
    Rs. 37.50

    Note: Dividend on 1 shares `= Rs. (10/100 xx 50)` `= Rs. 5. Rs. 12.5 is an income on an investment of Rs. 100 Rs. 5 is an income on an investment of Rs. (100 xx 2/25 xx 5)` `= Rs. 40` :. Cost of 1 shares = Rs. 40
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  8. Question: A man buys Rs. 20 shares paying 9% dividend. If the man gets 6% interest on his money, the market value of each share is :

    A
    Rs. 54

    B
    Rs. 30

    C
    Rs. 13.33

    D
    Rs. 10.80

    Note: Dividend on each share` = Rs. (20 xx 9/100)` `= Rs. 1.80.` To have an income of Rs. 6, investment = Rs. 100 To have an income of Rs. 1.80, investment `= Rs. (100/6 xx 1.80)` `= Rs. 30`
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  9. Question: The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being `1/4%,` is :

    A
    Rs. 124.75

    B
    Rs. 125.25

    C
    Rs. 108.25

    D
    Rs. 112.20

    Note: For an income of Rs. 756, investment = Rs. 9000 For an income of Rs.`21/2`, investment`= Rs. (9000/756 xx 21/2)` `= Rs. 125.` :. For a Rs. 100 stock investment = Rs. 125. Market value of Rs. 100 stock` = Rs. (125 - 1/4)` `= Rs. 124. 75.`
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