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 %.

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07 Oct 2015 Stock 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. 105.50
2) Rs. 102
3) Rs. 106.50
4) Rs. 100.75
5) Rs. 102.75
6) Rs. 103.75
7) Rs. 109.50
8) Rs. 108
9) Rs. 108.50
10)None of these; Correct Option: 6 Best Solution (31)

TAUSEEF AMEEN 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
Therefore For a Rs. 100 stock, investment = Rs.104
Hence market value = Rs.(104 - 1/4) = Rs. 103.75

Like? Yes (5) | No

premlata 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 (3) | No

DHAYYALA SREEKANTH REDDY 9 years AGO

Like? Yes (2) | No

MADHUBABU 9 years AGO

Like? Yes (2) | No

H. Sreekanth 9 years AGO

Like? Yes (1) | No

Arnab Maity 9 years AGO

Like? Yes (1) | No

praveendas 9 years AGO

for income of 756 investment is 14976.
for 21/4 income the investment value is 104.
subtract brokerage from it 104-0.25=103.75 is the market value

Like? Yes (1) | No

chetan 9 years AGO

Like? Yes (1) | No

Aman 9 years AGO

Like? Yes (2) | No (1)

Amit chaturvedi 9 years AGO

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

Like? Yes (1) | No

Dwaipayan Goswami 9 years AGO

Like? Yes (1) | No

RUPNARAYAN RANA 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 6.

Like? Yes (1) | No

venkatesh 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

DIPAK TIWARI 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

Therefore For a Rs. 100 stock,
investment = Rs.104

Hence market value = Rs.(104 - 1/4) = Rs. 103.75
option 6

Like? Yes (1) | No

Vishal Kumar 9 years AGO

Like? Yes (1) | No

Mahalakshmi 9 years AGO

Like? Yes (1) | No

RAHUL KUMAR 9 years AGO

For an income of Rs 576, investment = Rs14976

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(100-1/4)=Rs 103.75

option 6 is the answer.

Like? Yes (1) | No

ANKUR BAJWA 9 years AGO

Like? Yes (1) | No

ramakrishnateja 9 years AGO

income for 756=14976. for 21/4 it is 21*14976/(4*756)=104.
hence for 100 it is 104-1/4=103.75.

Like? Yes (1) | No

vamsi krishna 9 years AGO

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

Like? Yes (1) | No

Deepanshu Chaturvedi 9 years AGO

Like? Yes (1) | No

ramya 9 years AGO

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 (1) | No

M SEKHAR 9 years AGO

income =756
investment=14976
stock=21/4% and
brokerage =1/4
so
for an income of 21/4, investment = (14976/756)* (21/4) = 104
market value of Rs 100 stock = (104) - (1/4) = 103.75

Like? Yes (1) | No

Yugandhar Bodipeddi 9 years AGO

Like? Yes (1) | No

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 (1) | No

PRAGATHI G 9 years AGO

For an income of Rs. 756, investment = Rs. 14976
For an income of Rs. 21/4 , investment = Rs. 14976 x 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

RANJAN FADIA 9 years AGO

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 (1) | No

Deepak Kumar 9 years AGO

Like? Yes (1) | No

Ajay Kumar Gupta 9 years AGO

Like? Yes (1) | No

lavanya 9 years AGO

756-------------->14976
21/4--------------->14976*21/4%756
= 104
------------>104-1/4
= 103.75

Like? Yes (1) | No

Arvind kumar 9 years AGO

Like? Yes (1) | No

Dimple

India

Punjab

Time: 00:01:33

Points

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yash mittal 5 years ago

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

M4maths Previous Puzzles

07 Oct 2015 Stock and Shares