CSC Company Numerical Ability Stock and Shares

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

Read Solution (Total 1)

B

To earn Rs.50/3,investment =Rs.64
To earn Rs.1500,investment =(64*1500*3)/50=Rs.5760
12 years agoHelpfull: Yes(11) No(2)

CSC Other Question

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 A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:

A. Rs. 12 B. Rs. 15
C. Rs. 18 D. Rs. 21