Find the income on $7 \frac{1}{2} \%$ stock of $Rs.\, 20000$ purchased at $Rs.\, 120$. (in $Rs.$)

  • A
    $1550$
  • B
    $1450$
  • C
    $1500$
  • D
    $1600$

Explore More

Similar Questions

Sushma invested $Rs.\, 245000$ in $7\%$ stock at $98$ and sold the stock when its price rose to $Rs.\, 100$. She invested the sale proceeds in $9\%$ stock at $125$. Find out the change in income of Sushma. (in $Rs.$)

$A$ company has issued $10000$ preferred shares and $50000$ common shares,both with a par value of $Rs. 100$ each. The dividend on a preferred share and a common share is $12 \%$ and $17.6 \%$,respectively. The company had a total profit of $Rs. 15$ Lakhs,out of which some amount was kept in a reserve fund and the remaining was distributed as a dividend. Find the amount (in Lakhs) kept in the reserve fund.

Difficult
View Solution

Find the annual dividend received by Nishita from $1200$ preferred shares and $3000$ common shares,both of par value $Rs. 50$ each,if the dividend paid on preferred shares is $10 \%$ and a semi-annual dividend of $3 \frac{1}{2} \%$ is declared on common shares. (in $Rs.$)

Difficult
View Solution

Raja invested $Rs. 99000$ in $7 \frac{1}{2} \%$ stocks at $81 \frac{1}{2}$ (Brokerage: $Rs. 1$). Find out Raja's annual income from his investment. (in $Rs.$)

$A$ company declared an annual dividend of $10 \%$. Find out the annual dividend received by Anu owning $4000$ shares of the company having a par value of $Rs. 100$ each. (in $Rs.$)

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo