Aptitude - Stocks and Shares - Discussion

Discussion Forum : Stocks and Shares - General Questions (Q.No. 2)

Stocks and Shares

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13

. The rate of interest obtained is:

12	1	%
	2

13	1	%
	2

15%

16	2	%
	3

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.

Anomie said: 4 years ago

Thanks for explaining. @Krishna.

Yeshi Samdup said: 4 years ago

Great one, Thanks @Krishna.

Nikhitha said: 7 years ago

Thank you @Krishna.

Nirbhay said: 1 decade ago

I have understand.

(1)

Saroja said: 1 decade ago

Thanks Mr.Krishna.

Minakshi said: 1 decade ago

What is dividend?

Siva said: 1 decade ago

Well said bhagya.

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