A wants to secure an annual income of...

A wants to secure an annual income of Rs 1500 by investing in 15% debentures of face value Rs 100 each and available for Rs 104 each. If the brokerage is 1%, then the sum of money he should invest is (a) Rs 10504 (b) Rs 10784 (c) Rs 15000 (d) Rs 19642

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By investing in 16(2)/(3)% stock at 64, one earns Rs 1500. The investment made is (a) 5640 (b) Rs5760 (c) Rs 7500 (d) Rs 9600

In order to obtain an income of Rs 650 from 10% stock at Rs 96, one must make an investment of (a) Rs 3100 (b) Rs 6240 (c) Rs 6500 (d) Rs 9600

The banker's discount on a bill due 4 months hence at 15% is Rs 420. The true discount is (a) Rs 400 (b) Rs 360 (c) Rs 480 (d) Rs 320

To produce an annual income of Rs 1200 from a 12% stock at 90, the amount of stock needed is (a) Rs 10,000 (b) Rs 10,800 (c) Rs 14,400 (d) Rs 16,000

The cash realised on selling a 14% stock at Rs 106.25, brokerage being 1/4%, is (a) Rs 105.50 (b) Rs 106 (c) Rs 106.50 (d) Rs 113.75

A man invested Rs 14,400 in Rs 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get? (a) Rs 500 (b) Rs 600 (c) Rs 650 (d) Rs 720

A sum of money becomes Rs 20925 in 2 years and Rs 24412.50 in 5 years. Find the rate of interest and the sum of money. (a) 6.25%, Rs 18600 (b) 6.75%, Rs 17775 (c) 7%, Rs 18000 (d) 8%, Rs 17560

Sakshi invests a part of Rs 12,000 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 4000 (b) Rs 4500 (c) Rs 5500 (d) Rs 6000

The difference between CI and SI on a certain sum of money for 3 years at 5% p.c.p.a. is Rs 122. Find the sum invested. (a) Rs 10000 (b) Rs 12000 (c) Rs 16000 (d) Rs 20000

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