CSC Company Numerical Ability Stock and Shares

A 12% stock yielding 10% is quoted at:

A. Rs. 83.33 B. Rs. 110
C. Rs. 112 D. Rs. 120

Read Solution (Total 2)

D

Income of Rs 10 on investment of Rs 100
Income of Rs 12 on investment of ?
= (12*100)/10=120
11 years agoHelpfull: Yes(9) No(1)

12---->10
100----> x
12x=100*10
x=1000/12=83.33
9 years agoHelpfull: Yes(1) No(0)

CSC Other Question

Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?

A. Rs. 4000 B. Rs. 4500
C. Rs. 5500 D. Rs. 6000 A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

A. 7.5% B. 8%
C. 9.7% D. None of these