STOCKS AND SHARES APTITUDE QUESTIONS AND ANSWERS

STOCKS AND SHARES QUESTIONS AND ANSWERS 13 to 15

13. By investing Rs. 1100 in a 5 % stock one earns Rs. 77. The stock is then quoted at:

Rs. 93

Rs. 107

Rs. 78

Rs. 97

14. A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 6%, his annual income is:

Rs. 267.30

Rs. 327.80

Rs. 324

Rs. 103.70

15. 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 each share must be:

Rs. 12

Rs. 15

Rs. 18

Rs. 21

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