How much shall I invest in 15% stock at 95 when I need an income of Rs 240? Options: A . &nbspRs 1460 B . &nbspRs 1480 C . &nbspRs 1500 D . &nbspRs 1520

How much shall I invest in 15% stock at 95 when I need an income of Rs 240?

Question

Options:

A . Rs 1460

B . Rs 1480

C . Rs 1500

D . Rs 1520

Answer: Option D

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Question 1. A typist invested a certain sum in 13 % stock at 103 and sold out the stock when the price rose to 107, gaining thereby....sum of Rs 36. How much stock had she bought?

Question 2. A man buys 200 shares (par value of Rs 10) of a company which pays 12% per annum as dividend, at such a price that he....on his money. Find the market value of a share.

Question 3. Find the cost of Rs 7500, 13\(\frac{1}{2}\) % “FOUBROS” at Rs 95.....

Question 4. Which is a better investment, 14% stock at 120 or 10% stock at 90? ....

Question 5. What sum of money must Shri Mehta invest in 5% “Gwaliors” at 104 to get a net income of Rs 120 after payi....after paying income tax of 25 paise in a rupee?

Question 6. A man invests Rs 6000 in a company paying 8% p.a. when a share of the face value of Rs 100 is selling for Rs 120. Wha....is selling for Rs 120. What is his annual income?

Question 7. By investing Rs 1518 in 5% “Racquets” a person obtained a yearly income of Rs 66. What was the market val....Rs 66. What was the market value of the stock?

Question 8. A clerk invests Rs 1365 in 13% “Reliance” at 91. He sells out Rs 1000 stock when they have risen to 93 and the re....How much does he lose or gain in the transaction?

Question 9. Find the annual dividend on 2000 shares of a stock at par value of Rs 10, if quarterly dividend is 2\(\frac{1}{2}\) % o....quarterly dividend is 2\(\frac{1}{2}\) % of the par value.

Question 10. In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:....

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