Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 13)
13.
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 
%, is:
%, is:
Answer: Option
Explanation:
For an income of Rs. 756, investment = Rs. 9000.
| For an income of Rs. | 21 | , investment = Rs. |  |
9000 | x | 21 |  |
= Rs. 125. |
| 2 | 756 | 2 |
For a Rs. 100 stock, investment = Rs. 125.
| Market value of Rs. 100 stock = Rs. | |
125 - | 1 | |
= Rs. 124.75 |
| 4 |
Discussion:
20 comments Page 1 of 2.
Sania prathi said:
5 years ago
You explained well, thank you @Sergi.
Sergi said:
6 years ago
{dividend(%) of face value / market value } * investment = earnings(income).
{10.5 % of 100 / x } * 9000 = 756.
{ 10.5 / x } * 9000 = 756.
x= 125.
Subtracting brokerage 1/4 % which is 0.25.
income = 125-0.25 .
Then 124.75.
{10.5 % of 100 / x } * 9000 = 756.
{ 10.5 / x } * 9000 = 756.
x= 125.
Subtracting brokerage 1/4 % which is 0.25.
income = 125-0.25 .
Then 124.75.
(10)
Noorandeous said:
6 years ago
I don't know the formulas to be applied here. Kindly explain by mentioning the Formulas.
Shanu said:
7 years ago
Why Re 0.25 is subtracted from 125? Explain me.
(1)
Srabani said:
8 years ago
10.5stock can be written as;
=105/10,
=21/2(we are just converting point to fraction).
=105/10,
=21/2(we are just converting point to fraction).
(2)
Ayesha said:
8 years ago
21/2 how?
Neela said:
8 years ago
Can't understand it.
Lica said:
8 years ago
Not able to understand, is there any shorcuts?
Ashikur Rahman said:
9 years ago
How 21/2 came here?
Vishwaraj said:
1 decade ago
In all other questions % stock is the profit per share i.e. 5% stock at 25 means 5 Rs. Profit on one share of Rs. 25.
So here 10.5 % should be the profit per share not the % profit per share.
So here 10.5 % should be the profit per share not the % profit per share.
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