Find the income derived from 44 shares of Rs.25 each at 5 premium (brokerage 1/4 per share), the rat

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18 Nov 2015 Share

Find the income derived from 44 shares of Rs.25 each at 5 premium (brokerage 1/4 per share), the rate of dividend being 5%. Mainly find the rate of interest on the investment.

OPtion

1) 3.25%
2) 4.55%
3) 4.85%
4) 5.25%
5) 4.95%
6) 5.65%
7) 3.75%
8) 5.45%
9) 4.15%
10)None of these

Solution

Cost of 1 share = Rs.(25 + 5 + 3/4)
= Rs. 171/4
Cost of 44 shares = Rs. (121/4 *44) = Rs. 1331
Therefore investment made = Rs. 1331
Now face value of 1 share = Rs. 25
Face value of 44 shares = Rs. 44*25 = Rs. 1100
Now, dividend on Rs. 100 = 11/2
Dividend on Rs. 1100 = Rs.(11/2*100 * 1100) = Rs. 60.50
Also income on investment of Rs. 1331 = Rs. 60.50
Income on investment of Rs. 100 = Rs. 60.50/1331 * 100
= 4.55 %
Option 2)

Correct Option: 2 Best Solution (4)

Yadu Vir Singh   9 years AGO

Cost of 1 share = 25+5+1/4
= 121/4 Rs.
Cost of 44 Shares = 44*121/4
= 1331 Rs.
Face value of 1 share = 25 Rs.
Face value of 44 shares = 44*25
= 1100 Rs.
Dividend on Rs. 100 = 11/2
Dividend on Rs. 1100 = 11*11/2
= 60.50 Rs.
Income on investment of Rs. 1331 = 60.50 Rs.
Income on investment of Rs. 100 = 60.50/1331*100
= 4.55%

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premlata   9 years AGO

cost of 1 share = 25+5+(1/4) = rs. 121/4

cost of 44 shares = (121/4) * 44 = rs. 1331

Investment made = 1331
face value of 1 share = rs. 25
so, Face value of 44 shares = 44 * 25 = 1100
Now, dividend on rs. 100 = rs. 11/2

So, Dividend on rs. 1100 =( 11/(2*100)) * 1100 = rs. 60.50

Income on investment of rs. 1331 = 60.50
Income on investment of rs. 100
= (60.50 / 1331)*100

= 4.55 %

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chetan   9 years AGO

Cost of 1 share=(25+5+1/4)=121/4.
Cost of 44 shares=(121*44)/4=Rs 1331.
Face value of 1 share=Rs 25.
44 shares value=25*44=Rs 1100.
Dividend on Rs 100=5.5.
Dividend on Rs 1100=5.5*11=Rs 60.50.
Income on investment of Rs 100=(60.50*100)/1335=4.55.
so option 2 is correct.

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Isha Saxena   9 years AGO

cost of 1 share=rs.(25+5+1/4)=rs.121/4
cost of 44 shares=121/4*44=Rs.1331
investment made=Rs.1331
face value of 1 share=Rs.25
face value of 44 shares=25*44=Rs.1100
dividend on Rs. 100=11/2
dividend on Rs.1100=5.5*11=60.50
income on investment 1331=Rs. 60.50
income on investment of Rs.100=(60.50/1335)*100=4.55%

Like? Yes (1) | No