A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?
A. Rs.22
B. Rs.22.50
C. Rs.25
D. Rs.22.50
Related Questions on Stocks & Shares Mcqs
Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.
A. 812
B. 912
C. 1012
D. 1112
A 6% stock yields 8%. The market value of the stock is:___________?
A. Rs. 48
B. Rs. 75
C. Rs. 96
D. Rs. 133.33
A. Rs. 6240
B. Rs.3100
C. Rs.6500
D. Rs.9600
Find the annual income derived by investing Rs. 6800 in 10% stock at 136.
A. 200
B. 300
C. 400
D. 500
By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_________?
A. 80
B. 96
C. 106
D. 108