Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 11)
11.
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
Answer: Option
Explanation:
By investing Rs. 1552, income = Rs. 128.
| By investing Rs. 97, income = Rs. |  |
128 | x 97 |  |
= Rs. 8. |
| 1552 |
Dividend = 8%
Discussion:
9 comments Page 1 of 1.
Sergi said:
6 years ago
An investment of 1552 is made on a share when its dividend was x% of face value sold at 97 got an earning of 128.
Formulating this;
(x% of face value ÷ 97 ) * 1552 = 128.
consider face value 100.
[{(x/100)*100 } ÷ 97 ] * 1552 = 128.
[ x ÷ 97 ] * 1552 = 128.
x=8.
Formulating this;
(x% of face value ÷ 97 ) * 1552 = 128.
consider face value 100.
[{(x/100)*100 } ÷ 97 ] * 1552 = 128.
[ x ÷ 97 ] * 1552 = 128.
x=8.
Saquib hussain said:
6 years ago
investment/MV =no of shares.
1552/97 = 16 (shares).
Hence, the rate of return = dividend * no of shares.
So, dividend =rate of return/no of shares
128/16 = 8 (dividend %).
1552/97 = 16 (shares).
Hence, the rate of return = dividend * no of shares.
So, dividend =rate of return/no of shares
128/16 = 8 (dividend %).
(1)
Dwaipayan said:
6 years ago
I think the dividend should be 8.24%.
Debdeep said:
8 years ago
Think of it like this:
Investment = 1552,
Mv =97,
No of shares = 1552/97,
Dividend is always calculated on face value.
Since face value is not mentioned, we consider it to be 100.
Therefore total fv = (1552/97) * 100.
Now dividend %= (total income/total fv) * 100.
Dividend = (128/((1552/97)*100)) *100 % =8%.
Investment = 1552,
Mv =97,
No of shares = 1552/97,
Dividend is always calculated on face value.
Since face value is not mentioned, we consider it to be 100.
Therefore total fv = (1552/97) * 100.
Now dividend %= (total income/total fv) * 100.
Dividend = (128/((1552/97)*100)) *100 % =8%.
(1)
Sandeep said:
10 years ago
Why FV is considered to be Rs. 1 in this problem?
Surya balaji said:
1 decade ago
What is face value?
Nilofar said:
1 decade ago
Income = Dividend * face value/market value.
128 = ? *1552/97.
Dividend = 128*97/1552 (cross multiply).
= 8 %.
128 = ? *1552/97.
Dividend = 128*97/1552 (cross multiply).
= 8 %.
Tamanna said:
1 decade ago
Dividend =8 for rupee 97
How come it can be 8%????
8 rupees on 97 is 8.2%....
Please clarify.
How come it can be 8%????
8 rupees on 97 is 8.2%....
Please clarify.
Bindu said:
1 decade ago
For this kind of ques can use the formula.
Earning= (dividend% X investment) /market value.
Earning= (dividend% X investment) /market value.
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