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 2 of 2.
Sukumar Satyen said:
1 decade ago
Answer should be like this : -
Market Value of stock is to be found out, therefore, following are given: -
Face Value = Rs. 9000.
Dividend = 10.5%.
Annual Income = Rs. 756.
Brokerage per Rs. 100 = Rs. 0.25.
Dividend is always paid on the face value of a share.
By Formula,
Face Value * Dividend / (Market Value + Brokerage per Rs. 100) = Annual income.
=> 9000 * 10.5 / 756 = Market Value of Rs. 100 stock + Brokerage per Rs. 100.
=> Market Value of Rs. 100 stock + Brokerage per Rs. 100 = Rs. 125.
=> Market Value of Rs. 100 stock = Rs. 125 - Re. 0.25.
=> Market Value of Rs. 100 stock = Rs. 124.75.
Thanks.
Market Value of stock is to be found out, therefore, following are given: -
Face Value = Rs. 9000.
Dividend = 10.5%.
Annual Income = Rs. 756.
Brokerage per Rs. 100 = Rs. 0.25.
Dividend is always paid on the face value of a share.
By Formula,
Face Value * Dividend / (Market Value + Brokerage per Rs. 100) = Annual income.
=> 9000 * 10.5 / 756 = Market Value of Rs. 100 stock + Brokerage per Rs. 100.
=> Market Value of Rs. 100 stock + Brokerage per Rs. 100 = Rs. 125.
=> Market Value of Rs. 100 stock = Rs. 125 - Re. 0.25.
=> Market Value of Rs. 100 stock = Rs. 124.75.
Thanks.
(2)
Ramya.T said:
1 decade ago
How its 21\2?
Jayant said:
1 decade ago
For @Habte.
Simplifying @Prajyots answer.
Let 9000.......756
???........10.5
That gives 125.
Now subtracting brokerage 0.25(1/4) we get 124.75.
Simplifying @Prajyots answer.
Let 9000.......756
???........10.5
That gives 125.
Now subtracting brokerage 0.25(1/4) we get 124.75.
Habte said:
1 decade ago
How we get 100?
Prajyot said:
1 decade ago
Let x be MV and fv be 100(say).
9000------>756.
100------->10.5*(100/(x+.25)).
Just solve them. You'll get x = 124.75.
9000------>756.
100------->10.5*(100/(x+.25)).
Just solve them. You'll get x = 124.75.
Shyam said:
1 decade ago
I can not understand this question please explain it clearlly.
Lighty said:
1 decade ago
Kindly explain.
ARJUN said:
1 decade ago
@Preethi
10.5=21/2 and not 21/4
10.5=21/2 and not 21/4
Fyaz said:
1 decade ago
Explain this question please.
Preethi said:
1 decade ago
How this 21/4 came?
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