1. A 6% stock yields 8%. The market value of the stock is: (2)
- 1. Rs. 48
- 2. Rs. 75
- 3. Rs. 96
- 4. Rs. 133.33
2. 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: (3)
- 1. Rs. 207.40
- 2. Rs. 534.60
- 3. Rs. 648
- 4. Rs. 655.60
3. 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: (2)
- 1. Rs. 4800
- 2. Rs. 5000
- 3. Rs. 5400
- 4. Rs. 5600
4. 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: (4)
- 1. 3 : 4
- 2. 3 : 5
- 3. 4 : 5
- 4. 16 : 15
5. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: (2)
- 1. Rs. 80
- 2. Rs. 96
- 3. Rs. 106
- 4. Rs. 108