Q.11. A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:
(A)Rs.207.40
(B)Rs.534.60
(C)Rs.648
(D)Rs.655.60
Answer: Option C
Q.12. A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio:
(A)3 : 4
(B)3 : 5
(C)4 : 5
(D)16 : 15
Q.13. 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
Q.14. A 6% stock yields 8%. The market value of the stock is:
(A) Rs. 48
(B) Rs. 75
(C) Rs. 96
(D) Rs. 133.33
Q.15. Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:
(A) Rs. 4800
(B) Rs. 5000
(C) Rs. 5400
(D) Rs. 5600
Q.16. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:
(A) 80
(B) 96
(C) 106
(D) 108
Q.17. 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. 108.25
(C) Rs. 124.75
(B) Rs. 112.50
(D) Rs. 125.25
Q.18.To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:
(A) Rs. 10,000
(C) Rs. 14,400
(B) Rs. 10,800
(D) Rs. 16,000
Q.19. 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
Q.20. A 12% stock yielding 10% is quoted at:
(A) 67
(B) 110
(C) 112
(D) 120
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