How much stock must be sold to realize Rs. 8190 from a stock at 118 ? – McqOptions

MCQOPTIONS

1.	How much stock must be sold to realize Rs. 8190 from a stock at 118 ? (Brokerage 1%)
A.	Rs. 7100
B.	Rs. 7050
C.	Rs. 6850
D.	Rs. 7000
Answer» E.

Discussion

No Comment Found

Related MCQs

Which is better investment: 11% stock at 143 or 9% stock at 117?
By investing in 16% stock at 64, one earns Rs. 1500. The investment made is:
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being %, is:
Which is better investment: 11% stock at 143 or 9% stock at 117?
By investing in 16% stock at 64, one earns Rs. 1500. The investment made is:
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being %, is:
A company declared an annual dividend of 10%. Find out the annual dividend received by Anu owning 4000 shares of the company having a face value of $ 100 each.
Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 each. If the company paid 16% dividend at the end of the year, find his income from the dividend.
Find the cost of Rs. 12600 Railway stock at 1501/2% (dividend 51/2%) ?
How much 41/2% stock at 95 can be purchased by investing Rs. 1950 ? (Brokerage 1/4%)