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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
Kiran bought Rs.10 shares of a company. He received a rate of return which was one-third of the dividend rate he received. Market value of each share is _________. (in Rs.)A. 10B. `(10)/(3)`C. 30D. 15 |
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Answer» Correct Answer - C (i) Find the annual dividend from each share. (ii) First of all, find the market value of each share. (iii) Use, `"FV"xx"RD"="MV"xx"RR"`. |
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| 52. |
Sashi bought Rs.16 shres of a company at `25%` dividend. Find the premium he paid for the shares (in Rs.), if he received `20%` rate of return.A. 4B. 3C. 6D. 5 |
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Answer» Correct Answer - A (i) Find the annual dividend from each share. (ii) First of all, find the market value of each share. (iii) Use, `"FV"xx"RD"="MV"xx"RR"`. |
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| 53. |
Aswin bought some shares of Rs.75 from a company. He paid Rs.50 as a paid-up value of each share, Rs.32,000 as a paid-up capital. Find the total authorized capital of Aswin. (in Rs.)A. 40000B. 48000C. 56000D. 60000 |
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Answer» Correct Answer - B (i) `"Number of shares"=("Paid-u capital")/("Paid-up value of each share").` (ii) `"Number of shares"=("Total paid-up value")/("Paid-up value per share")` (iii) `"Total capital"=("Number of shares")("Rs.75")`. |
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| 54. |
Shares worth Rs.300 each were bought at a discount of Rs.60. The dividend paid was `6%` per annum. Find the rate return.A. `5%` per annumB. `6%` per annumC. `7.5%` per annumD. `8%` per annum |
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Answer» Correct Answer - C Face value of each share = Rs.300 Discound/share = Rs.60 `"Market value of each share (in Rs.)"=300-60=240` `"Dividend rate"=6%" per annum"` `"Dividend/share"=6%" of (Rs.300) = Rs.18"` Let the rate return be `r%` `r=(18)/(240)(100)=7.5%`. |
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| 55. |
Amit bought 150 shares of Rs.100 each. The paid-up value of each share is Rs.60. Find the amount to be paid as a second instalment. (in Rs.)A. 5000B. 6000C. 4500D. 7500 |
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Answer» Correct Answer - B Find the paid-up capital. |
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| 56. |
Lavan had two types of shares. He had 800 shares of type A which gave him an annual dividend of Rs.4000. If he had 200 more shares of type B than A, which gave him the same annual dividend, then find his annual income from each share of B. (in Rs.)A. 4B. `3.50`C. 2D. `2.50` |
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Answer» Correct Answer - A (i) Annual divided from each share `=("Total annual dividend")/("Total number of shares")`. (ii) Number of shares of type B = (Number of shares of type A) + 1200. (iii) Total dividend on shares of type B = Total dividend on shares of type A = Rs.4000. (iv) Annual income from each share of type `"B"=("Total dividend for type B")/("Number of shares of type B")`. |
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| 57. |
Which is better investment: Rs.300 shares at Rs.320 thay pays a dividend of `10%`, or Rs.200 shares at Rs.215 that pays a dividend of `10%`? |
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Answer» Let the investment made in each case be Rs.`(320xx215)` Case 1 : Rs.300 shares at Rs.320 paying a dividend of `10%` Annual income from each share `=10%` of `300=(10)/(100)xx300="Rs."30` `"Number of shares bought"=("Total investment")/("Market value of each share")=(320xx215)/(320)=215` `rArr "Annual income from 215 shares "= Rs.(215xx30)=`Rs.6450. Case 2 : Rs.200 shares at Rs.215 paying a dividend of `10%` `"Annual inocme from each share"=10%" of 200"=(10)/(100)xx200="Rs."20` `"Number of shares bought"=("Total investment")/("Market value of each share")=(320xx215)/(215)=320` `therefore" Annual income from 320 shares "="Rs."(320xx20)=6400.` So, it can observed that the same abount of investment is made in each case, but the income is more in the first case. `therefore10%, "Rs.300 shares at Rs.320 is better investment."` |
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| 58. |
Gopal bought two types of shares P and Q, of a company at their face values. The dividend rates provided by P and Q are `9%` and `12%`, respectively. Gopal received an annual dividend of Rs.4500 more from P than from Q. Which of the following can be the ratio of his investments in P and Q?A. `6:5`B. `5:4`C. `4:3`D. `2:1` |
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Answer» Correct Answer - D (i) The ratio of rate of dividents on P and Q is `3:4` (ii) If the ratio of investments on P and Q is `4:3`, dividend is same on both P and Q. (iii) Therefore, required investment must be more than `4:3` for the given condition. (iv) Check the options to get the ratio which is more than `4:3`. |
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