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Stocks and Shares - Questions and Answers

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6. 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:
A. Rs. 267.30
B. Rs. 327.80
C. Rs. 324
D. Rs. 103.70
Explanation: ANSWER : Rs. 324
7. 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:
A. Rs. 12
B. Rs. 15
C. Rs. 18
D. Rs. 21
Explanation: ANSWER : Rs. 15
8. To produce an annual income of Rs. 500 in a 4% stock at 90, the amount of stock needed is:
A. Rs. 11250
B. Rs. 12500
C. Rs. 18000
D. Rs. 20000
Explanation: ANSWER : Rs. 12500
9. A man invests in a 4 stock at 96. The interest obtained by him is:
A. 4%
B. 4.5%
C. 4.69%
D.
Explanation: ANSWER : 4.69%
10. The income derived from a 5 stock at 95 is:
A. Rs. 5.50
B. Rs. 5.28
C. Rs. 5
D. none of these
Explanation: ANSWER : Rs. 5.50