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.
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?
Shoeb said:
1 decade ago
How this is done. I have not understood.
Kavya said:
10 years ago
What is the relationship between dividend and interest?
Sanju said:
1 decade ago
Its easy folks think out of box ;).
Tanuvi said:
1 decade ago
@Bharthi. The improper fraction of 13 and a half is 27/2 [(2*13)+1].
Bharathi said:
1 decade ago
How rate of dividend is calculated as 27/2?
Saroja said:
1 decade ago
Thanks Mr.Krishna.
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