M4maths Previous Puzzles

28 Jul 2017 Stocks and Share

A man invested Rs. 4320 in Rs. 10 shares quoted at Rs. 9. If the rate of dividend be 13%, his annual income is:

OPtion

1) Rs. 299.1
2) Rs. 600
3) Rs. 674
4) Rs. 62.4
5) Rs. 620
6) Rs. 664
7) Rs. 310
8) Rs. 324
9) Rs. 320
10) None of these

Solution

Number of shares = (4320/9) = 480

Face value = 480*10 = 4800

Annual Income = (13/100)*4800 = 624

Option 10

Correct Option: 10 Best Solution (13)

Devendra Marghade   7 years AGO

Number of shares=4320/9=480
Face value=480x10=4800
So annual income=4800x(13/100)=Rs. 624
Option 10) None of these

Like? Yes (2) | No   

Ravi   7 years AGO

Number of shares = 4320/9=480
Face value = Rs. (480 x 10) = Rs. 4800
Annual income = Rs. 13 x4800/100 = Rs. 624

Like? Yes (2) | No   

Bharath   7 years AGO

Number of shares = 4320/9= 480
480 * 10 = 4800
13 % --> 4800 * 0.13 = 624
Ans: option (10)

Like? Yes (3) | No (1)  

SAYAN CHATTERJEE   7 years AGO

no. of shares= 4320/9
face value= 4320/9*10= 4800
so, annual income= 4800*13/100
= 624.
Option 10.

Like? Yes (1) | No   

KOWSALYA   7 years AGO

no.of shares=4320/9=480
face value=480*10=4800
income=4800*(13/100)=624

Like? Yes | No   

G.S.Kantharao   7 years AGO

Amount =₹4320
Rate of share=₹9
No.of shares=₹4320/₹9=480
Face value is @₹10 for 480shares=₹4800
Rate of dividend =13%
=4800*13/100=₹.624
Hence my option is 10,👈

Like? Yes | No   

kunal baghel   7 years AGO

4320 / 9 = 480
480 *10 = 4800(face value)
annual income = 4800 * 13% = 624

Like? Yes | No   

Madhuvani v   7 years AGO

No. of shares=(4320/9)=480
face value = 480*10=4800
annual amount = 13/100*4800 = 624

Like? Yes | No   

KRISHNAKUMAR   7 years AGO

no of shares= 4320/9 =480
no of face value =480*10=4800
annual income is:4800*(13/100)

Like? Yes | No   

Mukund Manohar   7 years AGO

Number of shares = 4320/9 = 480
Face Value = 480*10 = Rs 4800
Annual Income = 13/100 * 4800 = Rs 624

Like? Yes | No   

AYAN PAUL   7 years AGO

Number of Shares = 4320/9 = 480
So face value = (480*10) = 4800
So , Annual Income = (13/100 *4800) = Rs. 624
So ans is none of these.

Like? Yes | No   

NABA KISHORE PADHY   7 years AGO

4320 invested in Rs 10 shares quoted at 9 means invested 4320/9*10=4800.
dividend is 13 % = 4800*13%=624

Like? Yes | No   

VARUN   7 years AGO

Number of shares=(4320/9)=480
TOTAL AMOUNT=480 X 10=4800
ANNUAL INKOME=(4800 X 13)/100 = 624

Like? Yes | No