By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at: Options: A . &nbspRs. 80 B . &nbspRs. 96 C . &nbspRs. 106 D . &nbspRs. 108

By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quot

Question

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

Options:

A . Rs. 80

B . Rs. 96

C . Rs. 106

D . Rs. 108

Answer: Option B

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Question 1. A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:....

Question 2. A 12% stock yielding 10% is quoted at:....

Question 3. 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:

Question 4. The cost price of a Rs. 100 stock at 4 discount, when brokerage is $$\frac{1}{4}$$% is:....

Question 5. Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total divi....much does he invest in 12% stock at Rs. 120?

Question 6. Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $$14\frac{2}{7}\% $$....$$14\frac{2}{7}\% $$ stock at 120 free from income tax ?

Question 7. The income derived from a Rs. 100, 13% stock at Rs. 105, is -....

Question 8. The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $$\frac{1}{4}$$ %, is-....

Question 9. A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What ....of 0.5% of the face value on each transaction ?

Question 10. A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock ....of 15%. How much does he gain or lose ?

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