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.
Bhagyashri said:
1 decade ago
If 20 shares @50 rs then 20*50=1000....but discount rs5 then it will be 20 shares in 45 rs ie. 20*45=900...thus man saves rs 100..
dividend rate is 13 1/2 =27/2.
He got dividend on rs 1000 @27/2
if 1000 is 100%
then ? is 27/2%
by cross multyplication it will be 1000*27/2/100
=135
if 900 is 100% then how much percent is 135
135*100/900= it will be = 15
dividend rate is 13 1/2 =27/2.
He got dividend on rs 1000 @27/2
if 1000 is 100%
then ? is 27/2%
by cross multyplication it will be 1000*27/2/100
=135
if 900 is 100% then how much percent is 135
135*100/900= it will be = 15
(1)
Ebenezer said:
9 years ago
@Balaji.
I understood your explanation. Thank you.
I understood your explanation. Thank you.
Yeshi Samdup said:
4 years ago
Great one, Thanks @Krishna.
Mrityunjay said:
4 years ago
27/2 rupees on 100 as dividend refers.
In question's case, it is 27/2 rupees on investing 90rs,
So simply find out 27/2 is what percent of 90.
(27/2)*100 /90 = 15.
That is the profit.
In question's case, it is 27/2 rupees on investing 90rs,
So simply find out 27/2 is what percent of 90.
(27/2)*100 /90 = 15.
That is the profit.
Saru said:
6 years ago
Yes, Understand, Thank You @Krishna.
Habib Rahman said:
8 years ago
20 * 50 = 1000, 20 * 45 = 900, 27 * 1000/2 * 100 = 135, 135 * 100/900 = 15%.
Siva said:
1 decade ago
Well said bhagya.
Minakshi said:
1 decade ago
What is dividend?
A.john felix said:
1 decade ago
@ minakshi: its the amount (share on profit) given to a share holder every year.
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.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers