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:
Rs. 108.25
Rs. 112.20
Rs. 124.75
Rs. 125.25
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.

Ashikur Rahman said:   9 years ago
How 21/2 came here?

Preethi said:   1 decade ago
How this 21/4 came?

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.

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.

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

Fyaz said:   1 decade ago
Explain this question please.


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