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 3 of 3.
Habib Rahman said:
8 years ago
20 * 50 = 1000, 20 * 45 = 900, 27 * 1000/2 * 100 = 135, 135 * 100/900 = 15%.
Nikhitha said:
7 years ago
Thank you @Krishna.
Saru said:
5 years ago
Yes, Understand, Thank You @Krishna.
Adheer said:
5 years ago
Face value = Rs. 50, Dividend = Rs. 27/2.
Market value = After Rs. 5 discount = 50 - 5 = Rs. 45,
Interest rate = Dividend / Market value * Face value.
= 27/2 / 45 * 50,
= 15,
= 15 %.
Market value = After Rs. 5 discount = 50 - 5 = Rs. 45,
Interest rate = Dividend / Market value * Face value.
= 27/2 / 45 * 50,
= 15,
= 15 %.
(7)
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.
Yeshi Samdup said:
4 years ago
Great one, Thanks @Krishna.
Anomie said:
4 years ago
Thanks for explaining. @Krishna.
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