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 5 of 6.
Ross said:
1 decade ago
Can somebody solve it with easy explanation please?
Haritha said:
1 decade ago
Why income is face value? will you explain me?
Vijay said:
1 decade ago
10% of share value 96* profit = investment.
9.6*650 = 6240.
9.6*650 = 6240.
Hemant said:
1 decade ago
What is the face value and market value?
Nilofar said:
1 decade ago
Face value is 96.
96*10% = 9.6.
9.6*650 = 6240.
96*10% = 9.6.
9.6*650 = 6240.
Ajay said:
1 decade ago
When stocks are out we have a base value.
Here base value = 100 as per BSE Sensex.
So 10% stock means profit is 10% of base value.
Profit from investment in 1 share (Rs 96) is Rs 10.
So investment of Rs 1 yields Rs 10/96 profit.
So Rs x investment yields Rs (10/96) *x profit, which is Rs 650.
So investment x = Rs 6240.
Here base value = 100 as per BSE Sensex.
So 10% stock means profit is 10% of base value.
Profit from investment in 1 share (Rs 96) is Rs 10.
So investment of Rs 1 yields Rs 10/96 profit.
So Rs x investment yields Rs (10/96) *x profit, which is Rs 650.
So investment x = Rs 6240.
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?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers