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1. A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. What is the market value of each share?A. Rs.12
B. Rs.18
C. Rs.15
D. Rs.21
Answer : Option C
2. A man invested Rs.1552 in a stock at 97 to obtain an income of Rs.128. What is the dividend from the stock?
A. None of these
B. 9.7%
C. 7.5%
D. 8%
Answer : Option D
3. 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. 6500
C. Rs. 6240
D. Rs. 9600
Answer : Option C
4. A man invested Rs. 4940 in Rs. 10 shares quoted at Rs. 9.50. If the rate of dividend be 14%, his annual income is
A. Rs.728
B. Rs.648
C. Rs.720
D. Rs.622
Answer : Option A
5. A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal dividends from both, he must invest the money in the ratio:
A. 31 : 44
B. 31 : 27
C. 16 : 15
D. 35 : 44
Answer : Option D
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