top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

    Get Free Puzzle Updates

Facebook Login
Site Registration

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

0 votes
189 views

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 %.

posted Sep 1, 2015 by Divya Bharti

Share this puzzle
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

2 Answers

0 votes

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

answer Sep 2, 2015 by Vikram Luthra
0 votes

Assume that face value = Rs.100
Dividend per share = Rs.21/4= 5.25 (as it is 21/4% stock)
By investing Rs.14976, earnings = Rs.756
To get an earning of Rs.5.25, investment required = (14976*5.25)/756 = Rs.104
market value of Rs. 100 stock = Rs.(104- 1/4) = Rs.103.75

answer Jan 10 by Hanifa Mammadov
Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...