Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 1)
1.
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Answer: Option
Explanation:
To obtain Rs. 10, investment = Rs. 96.
| To obtain Rs. 650, investment = Rs. |  |
96 | x 650 |  |
= Rs. 6240. |
| 10 |
Discussion:
52 comments Page 3 of 6.
U.K Paul said:
1 decade ago
Face value = 100.
Dividend = 10.
So. To earn 650 we have to buy 650/10 = 65.
So, investment = 65*95 = 6240.
Dividend = 10.
So. To earn 650 we have to buy 650/10 = 65.
So, investment = 65*95 = 6240.
Sid said:
1 decade ago
Income = rate of dividend * face value.
Thus, face value = 6500.
Investment, or market value would be 96% of face value.
The 'Rs' should not be there with 96 it should be just 96 meaning that market value is 96% of face value.
Income = rate of dividend * face value.
Thus, Rs 650 = 10% * face value.
Face value = 6500 Rs.
Market Value or Investment = 96% of face value = Rs 6240.
Thus, face value = 6500.
Investment, or market value would be 96% of face value.
The 'Rs' should not be there with 96 it should be just 96 meaning that market value is 96% of face value.
Income = rate of dividend * face value.
Thus, Rs 650 = 10% * face value.
Face value = 6500 Rs.
Market Value or Investment = 96% of face value = Rs 6240.
Dinesh Kumar said:
1 decade ago
'10% stock at Rs.96'. What does stock means? Please clarify.
James said:
1 decade ago
Can some one tell me what Rs stand for?
Archana LP said:
1 decade ago
Rs stands for Rupees.
Balaji said:
1 decade ago
I really happy more and more solution come for here. So I clear quickly. Thanks to all.
Shahbaz said:
1 decade ago
If you invest Rs. 96 in a 10% stock, then the profit is 96*(10/100) = 9.6.
To get Rs. 650, you have to multiply it with the profit factor i.e., 9.6.
Investment = 650*9.6 = Rs. 6240.
To get Rs. 650, you have to multiply it with the profit factor i.e., 9.6.
Investment = 650*9.6 = Rs. 6240.
Ram said:
1 decade ago
Its good to understood.
Janardhanarao.kadali said:
10 years ago
10 = 650.
96 = ?
96/10*65 = 6240.
96 = ?
96/10*65 = 6240.
Padma said:
10 years ago
But we have a formula.
Annual income obtained = Total amount of stock * % rate of stock.
According to this if we do it:
650 = Total amount of stock*(10/100).
By solving this we will get total amount of stock = 6500.
Then what it means. I am unable to understand this stocks topic clearly can any one help.
Annual income obtained = Total amount of stock * % rate of stock.
According to this if we do it:
650 = Total amount of stock*(10/100).
By solving this we will get total amount of stock = 6500.
Then what it means. I am unable to understand this stocks topic clearly can any one help.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers