Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discoun – McqOptions

MCQOPTIONS

1.	Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discount (brokerage (1/4) %)
A.	2198
B.	2298
C.	2398
D.	2498
Answer» C. 2398

Discussion

No Comment Found

Related MCQs

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being (1/4)%, is:
The cost price of a Rs. 100 stock at 4 discount, when brokerage is (1/4)% is:
Which is better investment: 11% stock at 143 or 9(3/4)% stock at 117?
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13(1/2). The rate of interest obtained is:
By investing in 16(2/3)% stock at 64, one earns Rs. 1500. The investment made is:
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. What is the market value of each share?
Find the cost of Rs. 4500, 8.5% stock at 4 premium.
Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.
A man invested Rs. 4940 in Rs. 10 shares quoted at Rs. 9.50. If the rate of dividend be 14%, his annual income is
A man invested Rs.1552 in a stock at 97 to obtain an income of Rs.128. What is the dividend from the stock?