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.
A.john felix said:
1 decade ago
@ minakshi: its the amount (share on profit) given to a share holder every year.
Habib Rahman said:
8 years ago
20 * 50 = 1000, 20 * 45 = 900, 27 * 1000/2 * 100 = 135, 135 * 100/900 = 15%.
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.
Tanuvi said:
1 decade ago
@Bharthi. The improper fraction of 13 and a half is 27/2 [(2*13)+1].
Kavya said:
10 years ago
What is the relationship between dividend and interest?
Ebenezer said:
9 years ago
@Balaji.
I understood your explanation. Thank you.
I understood your explanation. Thank you.
Bharathi said:
1 decade ago
How rate of dividend is calculated as 27/2?
Shoeb said:
1 decade ago
How this is done. I have not understood.
Saru said:
5 years ago
Yes, Understand, Thank You @Krishna.
Sanju said:
1 decade ago
Its easy folks think out of box ;).
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