CSC Company Numerical Ability Stock and Shares

A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:

A. Rs. 207.40 B. Rs. 534.60
C. Rs. 648 D. Rs. 655.60

Read Solution (Total 2)

(C)

No. of shares= 4455/8.25 =540
income on shares=540*10=5400
annual income=12*5400/100=648
12 years agoHelpfull: Yes(7) No(0)

No. of shares= 4455/8.25 =540
income on shares=540*10=5400
annual income=12*5400 /100= 648
10 years agoHelpfull: Yes(1) No(0)

CSC Other Question

Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:

A. Rs. 4800 B. Rs. 5000
C. Rs. 5400 D. Rs. 5600 By investing in 16 2/3% stock at 64, one earns Rs. 1500. The investment made is:

A. Rs. 5640 B. Rs. 5760
C. Rs. 7500 D. Rs. 9600