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11.	A 12% stock yielding 10% is quoted at
	A.   Rs.83.33
	B.  Rs.110
	C.  Rs.112
	D.  Rs. 120

Solution

To earn Rs. 10, money invested = Rs. 100 To earn Rs. 12, money invested = Rs. (100/10 x 12) = Rs. 120. Market value of Rs. 100 stockmoney invested = Rs. 120.

12.	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.22.60

Solution

Suppose he buys each share be Rs. x. Then, (25 x 9/100) =(x ×10/100) x= 22.50 Cost of each share is Rs. 22.50.

13.	The income derived from a Rs.100, 13% stock at Rs.105, is
	A.  Rs.5
	B.  Rs.8
	C.  Rs.13
	D.  Rs.18

Solution

Income on Rs. 100 stock is Rs. 13.

14.	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.6240
	C.  Rs.6500
	D.  Rs.9600

Solution

To obtain Rs.10, investment = Rs. 96. To obtain Rs. 650, investment = Rs.(96/10 x 650) = Rs. 6240.

15.	The cost price of a Rs.100 stock at 4 discount, when brokerage is 1/4% is
	A.  Rs.95.75
	B.  Rs.96
	C.  Rs.96.25
	D.  Rs.104.25

Solution

C.P = Rs. (100 - 4 + 1/4) = Rs. 96.25.