Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 2)
2.
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13
. The rate of interest obtained is:
. The rate of interest obtained is:
Answer: Option
Explanation:
Investment = Rs. [20 x (50 - 5)] = Rs. 900.
Face value = Rs. (50 x 20) = Rs. 1000.
| Dividend = Rs. |  |
27 | x | 1000 |  |
= Rs. 135. |
| 2 | 100 |
| Interest obtained = | |
135 | x 100 | % |
= 15% |
| 900 |
Discussion:
27 comments Page 2 of 3.
Tanuvi said:
1 decade ago
@Bharthi. The improper fraction of 13 and a half is 27/2 [(2*13)+1].
Sanju said:
1 decade ago
Its easy folks think out of box ;).
Kavya said:
10 years ago
What is the relationship between dividend and interest?
Nipun Jain said:
10 years ago
The simplest method and easy to understand is :-.
He gets dividend of 27/2 on a Rs. 50 (Face value share).
Dividend is money given on the face value of share of the company you purchase which is set by the company no matter you buy it at a discount or a profit.
So here dividend of Rs. 50 share will be = 27/2 * 50/100 per share = 27/4.
No. of shares = 20.
Total Dividend (Income) = 20*27/4 = Rs. 135.
Rate of Interest = Income/Investment * 100.
Investment = 20* (50-5) = 900.
Rate of Interest = 135/900*100 = 15%.
He gets dividend of 27/2 on a Rs. 50 (Face value share).
Dividend is money given on the face value of share of the company you purchase which is set by the company no matter you buy it at a discount or a profit.
So here dividend of Rs. 50 share will be = 27/2 * 50/100 per share = 27/4.
No. of shares = 20.
Total Dividend (Income) = 20*27/4 = Rs. 135.
Rate of Interest = Income/Investment * 100.
Investment = 20* (50-5) = 900.
Rate of Interest = 135/900*100 = 15%.
(2)
Balaji said:
9 years ago
Actually dividend is calculated as per face value.
Here, face value = 1000,
Dividend = 135,
Interest will be 135*100/1000 = 27/2%.
Is it or not?
Will you please clarify me?
Here, face value = 1000,
Dividend = 135,
Interest will be 135*100/1000 = 27/2%.
Is it or not?
Will you please clarify me?
Abhishek said:
9 years ago
@Balaji.
Interest = Dividend * 100/market value.
Here M.V. = 900 not 1000.
Interest = Dividend * 100/market value.
Here M.V. = 900 not 1000.
Ebenezer said:
9 years ago
@Balaji.
I understood your explanation. Thank you.
I understood your explanation. Thank you.
Leo said:
9 years ago
Guys! I want to ask a question, because I don't get it how it could be solved!!
How many Rs. 25 shares at Rs 3 discount can be bought for Rs 2222, brokerage being 1%?
How many Rs. 25 shares at Rs 3 discount can be bought for Rs 2222, brokerage being 1%?
(3)
Poonam said:
9 years ago
Actually, I have of listened a lecture on stock and shares. There it was said that total dividend is equal to a number of stocks multiply by dividend percentage. So my answer was 30 percent. I am really confused. Please explain.
(2)
Komal said:
9 years ago
Simply 50 - 5 = 45.
20 * 45=900.
100 * 13.5=135.
Face value: 20 * 50 = 1000,
135 ÷ 900 * 100 = 15%.
20 * 45=900.
100 * 13.5=135.
Face value: 20 * 50 = 1000,
135 ÷ 900 * 100 = 15%.
(3)
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