Masood invests a part of Rs. 12000 in 12% stock at Rs. 120 and the rem – McqOptions

MCQOPTIONS

1.	Masood invests a part of Rs. 12000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A.	Rs. 4500
B.	Rs. 6000
C.	Rs. 5500
D.	Rs 4000
Answer» E.

Discussion

No Comment Found

Related MCQs

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is__________?
To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:_________?
The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1/4 % is:___________?
Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is___________?
Masood invests a part of Rs. 12000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
In order to obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of___________?
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of___________?
How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ?
Find the income derived from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum.
Find the cost of Rs. 6400, 10% stock at 15 discount.