A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being $$13\

Question

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being $$13\frac{1}{2}$$. The rate of interest obtained is:

Options:

A . $$12\frac{1}{2}$$ %

B . $$13\frac{1}{2}$$ %

C . 15%

D . $$16\frac{2}{3}$$ %

Answer: Option C

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Question 1. 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 ....on his money. The market value of each share is:

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Question 7. By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:....

Question 8. A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:....

Question 9. A 12% stock yielding 10% is quoted at:....

Question 10. The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $$\fr....is derived by investing Rs. 9000, brokerage being $$\frac{1}{4}$$%, is:

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