MCQ: Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.

1. 812
2. 912
3. 1012
4. 1112

MCQ: A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is___________?

1. 7.50%
2. 8%
3. 9.70%
4. None of these.

MCQ: In order to obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of___________?

1. Rs. 3100
2. Rs. 6240
3. Rs. 6500
4. Rs. 9600

MCQ: To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is__________?

1. Rs. 10,000
2. Rs. 10,800
3. Rs. 14,400
4. Rs. 16,000

MCQ: A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ?

1. Rs. 37.50
2. Rs. 40
3. Rs. 48
4. Rs 52

MCQ: How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ?

1. 450
2. 500
3. 550
4. 600