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Aptitude - Stocks and Shares - Discussion

@ : Home > Aptitude > Stocks and Shares > General Questions - Discussion

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"If you judge people, you have no time to love them."
- Mother Teresa
13. 

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]. Rs. 108.25[B]. Rs. 112.20
[C]. Rs. 124.75[D]. Rs. 125.25

Answer: Option E

Explanation:

For an income of Rs. 756, investment = Rs. 9000.

For an income of Rs. 21 , investment = Rs. 9000 x 21 = Rs. 125.
2 756 2

For a Rs. 100 stock, investment = Rs. 125.

Market value of Rs. 100 stock = Rs. 125 - 1 = Rs. 124.75
4


Preethi said: (Tue, Feb 1, 2011 02:11:01 PM)    
 
How this 21/4 came?

Fyaz said: (Sat, Feb 12, 2011 10:02:47 AM)    
 
Explain this question please.

Arjun said: (Wed, Mar 9, 2011 02:10:20 PM)    
 
@Preethi

10.5=21/2 and not 21/4

Lighty said: (Mon, Jan 30, 2012 11:34:57 PM)    
 
Kindly explain.

Shyam said: (Sat, Feb 4, 2012 09:08:42 PM)    
 
I can not understand this question please explain it clearlly.

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