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By investing in a 6% stock at 96 an inco...

By investing in a `6%` stock at 96 an income of Rs. 100 is obtained by making an investment of

A

Rs 1600

B

Rs 1504

C

Rs 1666.66

D

RS 5760

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The correct Answer is:
To solve the problem, we need to determine the amount of investment required to obtain an income of Rs. 100 from a 6% stock that is priced at 96. ### Step-by-Step Solution: 1. **Understand the Stock and Income Relationship**: - A 6% stock means that for every Rs. 100 of nominal value, the income (dividend) is Rs. 6. - The stock is being purchased at Rs. 96, which means we are paying Rs. 96 to receive Rs. 6 in income. 2. **Calculate the Investment for Rs. 6 Income**: - The investment required to earn Rs. 6 can be calculated as follows: \[ \text{Investment for Rs. 6 income} = 96 \text{ (price of stock)} \] 3. **Calculate the Investment for Rs. 100 Income**: - To find out how much investment is needed to earn Rs. 100, we can set up a proportion based on the income: \[ \text{Investment} = \left( \frac{\text{Price of stock}}{\text{Income from stock}} \right) \times \text{Desired Income} \] - Substituting the known values: \[ \text{Investment} = \left( \frac{96}{6} \right) \times 100 \] 4. **Perform the Calculation**: - First, calculate \( \frac{96}{6} \): \[ \frac{96}{6} = 16 \] - Now multiply by 100: \[ 16 \times 100 = 1600 \] 5. **Conclusion**: - The investment required to obtain an income of Rs. 100 is Rs. 1600. ### Final Answer: The investment required is **Rs. 1600**. ---
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UPKAR PUBLICATION -STOCK AND SHARES-QUESTION BANK
  1. Rs. 2780 are invested party in 4% stok at 75 and 5% stock at 80 to hav...

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  2. A 4% stock yields 5% . The market value of the stock is

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  3. By investing in a 6% stock at 96 an income of Rs. 100 is obtained by m...

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  4. The cash realized by selling a (5)1/2% stock at 106)1/4. brokerage bei...

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  5. The income derived from (5)1/2% stock at 95 is

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  6. The cost price of a Rs 100 stock at 4 discount, when brokerage is 1...

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  7. A man invested Rs.4455 in Rs. 10 shares quoted at Rs 8.25 if the rate ...

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  8. A man bought 20 shares of Rs. 50 at 5 discount the rate of dividend be...

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  9. Aman buys Rs 20 shares paying 9% dividend. The man wants to have an in...

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  10. By investing in (3)3/4% stiock at 96 one earn Rs 100.The investment ma...

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  11. A man invested RS 388 In a stock at 97 to obtain an income of Rs 22. t...

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  12. Which is better investment 4% stock per with an income tax at the rate...

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  13. A man invest some money party in 3% stock at 96 and party in 4% stock ...

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  14. Which id the better stock 5% at 143 or (3)1/2% at 93.

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  15. I want to purchase a 6% stock which must yield 5% on my capital . At w...

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  16. A invested some money in 4% stock att 96. now B want to invest in an e...

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  17. How much stock at 105 can be purchased of Rs. 1433.25?

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  18. Find the cost of Rs. 12600 railway stock at (150)1/2 (dividend (5)1/2%...

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  19. How much stock can be purchased for Rs. 7350 at 105

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  20. How much stock can be purchased for Rs. 794.50 at 112.5 ?

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