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:
9 years ago
20 * 50 = 1000, 20 * 45 = 900, 27 * 1000/2 * 100 = 135, 135 * 100/900 = 15%.
Sanju said:
1 decade ago
Its easy folks think out of box ;).
Saru said:
6 years ago
Yes, Understand, Thank You @Krishna.
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?
Yeshi Samdup said:
5 years ago
Great one, Thanks @Krishna.
Saroja said:
1 decade ago
Thanks Mr.Krishna.
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