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 4 of 6.
Hari said:
1 decade ago
Can somebody solve it with easy explanation please?
Dhananjay said:
1 decade ago
Its rs 10 or 10%?
EZHILARASI said:
1 decade ago
Where Rs. 10 came?
Raghavendra said:
1 decade ago
10% = 10/100 = Rs 10/-
Thirumoorthy S said:
1 decade ago
(10/100) * 96 = 96/10 ; (9.6/96)* x = 650 ; x = 650 * 96/9.6
Venu said:
1 decade ago
I didn't understood answer. Please explain it clearly, What is face value, dividend etc.
Lavanya said:
1 decade ago
Stock is :96
Income is.: 650
The percentage is: 10%
:10/100
:10rs
The makeing investment is:(96/10)*650
:9.6*650
:6240
Income is.: 650
The percentage is: 10%
:10/100
:10rs
The makeing investment is:(96/10)*650
:9.6*650
:6240
Jatingarg said:
1 decade ago
Marketing value = 96.
Face value = 650.
Annual dividend = 10%of face value = 10\100*650 = 65.
An investment at Rs. 96 is = 65*96 = 6240.
Face value = 650.
Annual dividend = 10%of face value = 10\100*650 = 65.
An investment at Rs. 96 is = 65*96 = 6240.
Shivani said:
1 decade ago
I think it should be like:
10% on 96= Rs.9.6
9.6--->96
for, 650---> 96*650/9.6=6500 not 6240
10% on 96= Rs.9.6
9.6--->96
for, 650---> 96*650/9.6=6500 not 6240
Hitesh Dhanwani said:
1 decade ago
I agree with what shivani posted. Cause it was not mentioned that 650 was the face value.
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