Mr Balu inversted Rs. 15,000 in 10%, Rs. 100 shares at Rs. 120, and also invested Rs. 24,000 in 12%, Rs. 120 shares at Rs. 100. The total earnings from the two investment is _________.A. Rs. 4500B. Rs. 4706C. Rs. 4700D. Rs. 4509

Mr Balu inversted Rs. 15,000 in 10%, Rs. 100 shares at Rs. 120, and al

1.	Mr Balu inversted Rs. 15,000 in 10%, Rs. 100 shares at Rs. 120, and also invested Rs. 24,000 in 12%, Rs. 120 shares at Rs. 100. The total earnings from the two investment is _________.A. Rs. 4500B. Rs. 4706C. Rs. 4700D. Rs. 4509
Answer» Correct Answer - B On the first Investment : Number of shres `=15,000/120=125` Divdend earned `=(10/100xx125) 125=` Rs. `1250` On the second Investment : Number of shares `=(24,000)/100=240` `implies` Dividend earned `=240xx12/100xx120=`Rs. `3456` Total earnings `= Rs. 4706`.

Discussion

No Comment Found

Related InterviewSolutions

The total investment made in buying Rs. X shares at a premium of 25% is Rs. 125 X. The number of shares bought is _______.A. 500B. 250C. 125D. 100
An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the company is `12%`, then find the face value of each share.
Ameer invests Rs.24,200 in buying Rs.100 shares of a company avilable at a premium of `10%`. If the company pays a dividend of `15%`, then find the number of shares bought by Ameer, and the rate of return on his investment.
Goutham invested Rs.4000 to buy Rs.125 shares of type from a company and invested Rs.4800 to buy Rs.120 shares of type B from it. He obtains `8%` dividend from A and `10%` dividend from B. Find the total annual dividend he carried if the market value of each equals its face value. (in Rs.)A. 600B. 750C. 800D. 1000
Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth type B shares at face value. Market value of A equals equals face value of B. If he bought a total 64 shares of both, how many type A shares did the buy?A. 6B. 24C. 32D. 40
Dividend is always calculated on the _______ of a share.
If Rs.4000 more was invested in share A, 20 more shares can be purchased. If Rs.4000 less was invested in A, 2) less shares can be purchased. Find the market value of A. (in Rs.)A. 100B. 150C. 200D. 300
Kira invests in the shares of a company. If he buys 48 shares more, he will invest Rs.1200 more. If he buys 40 shares less, the total face value of his shares will be Rs.800 less. He must buy each share ________.A. at parB. below parC. above parD. Cannot be determined
Praveen made aninverstment of Rs. 54,000 in 10 %, Rs. 100 shares at Rs. 90, while Vijay made an investment of Rs. 60,000 in 8%, Rs. 150 shares at Rs. 120. If both of them sold their shares at the end of the year for Rs. 110 each, then their individual earnings are ________. respectively.A. Rs. 12,000 and Rs. 12,000B. Rs. 18,000 and Rs. 1000C. Rs. 12,000 and Rs. 1000D. Rs. 18,000 and Rs. 1200
_____ is the annual profit distributed among the shareholders.

Mr Balu inversted Rs. 15,000 in 10%, Rs. 100 shares at Rs. 120, and also invested Rs. 24,000 in 12%, Rs. 120 shares at Rs. 100. The total earnings from the two investment is _________.A. Rs. 4500B. Rs. 4706C. Rs. 4700D. Rs. 4509

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment