M4maths Previous Puzzles

01 Sep 2015 Stocks and shares

Find the market value of a 21/4 % stock, in which an income of Rs.756 is derived by investing Rs.14976, brokerage being 1/4 %.

OPtion

1) Rs. 105.55
2) Rs. 106.25
3) Rs. 101.35
4) Rs. 104.75
5) Rs. 103.75
6) Rs. 110.25
7) Rs. 109.50
8) Rs. 108.75
9) Rs. 115.75
10)Rs. 100.75

Solution

For an income of Rs.756, investment = Rs.14976
For an income of Rs. 21/4, investment = Rs. (14976/756 * 21/4)= Rs.104
Therefore For a Rs. 100 stock, investment = Rs.104
Hence market value = Rs.(104 - 1/4) = Rs. 103.75

Option 5)

Correct Option: 5 Best Solution (15)

ABHINAV PUSHPAM   9 years AGO

Answer : Option 5

Explanation :

Assume that face value = Rs.100

Dividend per share = Rs.21/4 (as it is 5.25% stock)

By investing Rs.14976, earnings = Rs.756

To get an earning of Rs. 5.25, investment required = (14976×5.25)/756 = Rs.104

ie,market value of Rs. 100 stock = Rs.(104 - 1/4) = Rs.103.75

Like? Yes (3) | No (1)  

jayaram   9 years AGO

For an income of Rs. 756, investment = Rs. 14976;
For an income of Rs. 21 , investment = Rs.9000 x(21/4) = Rs. 104.
=104-(1/4)=415/3=103.75

Like? Yes (1) | No   

Venkatesh kadali   9 years AGO

For an income of Rs. 756, investment = Rs. 14976

For an income of Rs. 21/4 ,
investment = (14976/756)x (21/4)
=104
For a Rs. 100 stock, investment = Rs. 104.

Market value of Rs. 100 stock = 104 -(1/4)
=405/4
=103.75
so answer is 5

Like? Yes (2) | No (1)  

Kunal nemu   9 years AGO

For an income of Rs.756,investment = Rs.14976
For an income of Rs.21/4 investment = Rs.((14976/756) * (21/4)) =Rs.104
For a Rs.100 stock,investment =Rs.104
Market value of Rs.100 stock =Rs.(104 - 1/4) =Rs.103.75

Like? Yes (2) | No (1)  

sowjanya kasam   9 years AGO

Assume that face value = Rs.100

Dividend per share = 21/4=5.25

By investing Rs.14976, earnings = Rs.756

To get an earning of Rs.5.25, investment required = (14976*5.25)/756=104

ie,market value of Rs. 100 stock = Rs.(104- 1/4) = Rs.103.75

Like? Yes (1) | No   

THUMMALA VINEESHA   9 years AGO

(14976/756)*(21/4)=104
Including brokerage 104-(1/4)=103.75

Like? Yes (1) | No   

Lakhi kant Roy   9 years AGO

Let face value = Rs.100

Dividend per share = 21/4 %

By investing Rs. 14976, earnings = Rs.756

To get an earning of Rs.21/4,
investment required = (14976×21)/(4 * 756) = Rs.104

ie,market value of Rs. 100 stock = Rs.(104- 1/4) = Rs.103.75

Like? Yes (1) | No   

Monika Nemiwal   9 years AGO

investment to make income of 756=14976
thus,investment to make income of 21/4=14976/756*(21/4)
=104
brokerage being 1/4,market value=104-(1/4)
=103.75

Like? Yes (1) | No   

Prathyusha    9 years AGO

For an income of Rs. 756, investment = Rs. 14976

For an income of Rs. 21/4 ,
investment = Rs.((14976/756)*(21/4)) = Rs. 104.
For a Rs. 100 stock, investment = Rs. 104.

Market value of Rs. 100 stock = Rs.(104 -(1/4))= Rs. 103.75

Like? Yes (1) | No   

Deepanshu Chaturvedi   9 years AGO

for income of Rs. 756, investment = 14976
for an income of Rs. 21/4, investment = Rs. (14976/756)*(21*4) = Rs. 104
therefore, for a Rs. 100 stock, investment = Rs. 104
Market value of Rs. 100 stock = Rs. (104-1/4) = Rs.103.75

Like? Yes (1) | No   

vikas kulshrestha   9 years AGO

Assume that face value = Rs.100

Dividend per share = Rs.21/4 (as it is 21/4% stock)

By investing Rs.14976, earnings = Rs.756

To get an earning of Rs.21/4, investment required = 14976*21/4*756 = Rs.104

ie,market value of Rs. 100 stock = Rs.(104- 1/4) = Rs.103.75

Like? Yes (1) | No   

Anusha Kota   9 years AGO

For Rs 756 income, investment=14976;
For Rs (21/4) income, investment=?
=(21*14976)/(4*756)=104 Rs
For 100 stock, investment=104;
but for 1/4 brokerage, market value ==104-(1/4)=103.75 rs

Like? Yes (1) | No   

Joy cindrella   9 years AGO

For an income of Rs.756, investment=Rs.14976
For an income of 21/4,investment= (14976/756)*(21/4) which gives you Rs.104. i.e., For Rs.100 stock investment=Rs.104
Due to the brokerage, market value is reduced. i.e.,
104- (1/4%)= 104-0.25 which gives 103.75

Like? Yes (1) | No   

Ajay Kumar Gupta   9 years AGO

income=756,investment=14976
for an income of 21/4
invest=(14976/756)*(21/4)=104
for a 100 rs stock invest=104
so market value of 100 stock=104-1/4=103.75

Like? Yes (1) | No (1)  

Shubham Raj   9 years AGO

Assume that face value = Rs.100

Dividend per share = 21/4 %

By investing Rs. 14976, earnings = Rs.756

To get an earning of Rs.21/4, investment required = (14976×21)/(4 * 756) = Rs.104

ie,market value of Rs. 100 stock = Rs.(104- 1/4) = Rs.103.75

Like? Yes (1) | No (1)