Shares

Q.

By investing in $16\frac{2}{3}\%$ stock at 64, one earns Rs. 1500. The investment made is:

1. Rs. 5640

2. Rs. 9600

3. Rs. 7500

4. Rs. 5760

Q.

If As income is $10\%$ more than Bs income, by how much percent Bs income is less than As income?

1. $9\frac{1}{11}\%$

2. $10\%$

3. $20\%$

4. $90\frac{10}{11}\%$

Q.

What sum of money will accumulate to $\mathrm{Rs}.5,300$ at $8\%$ rate of interest in $9$ months?

Q.

By investing Rs 7, 500 in a company paying 10 per cent dividend, an annual income of Rs 500 is received. What price is paid for each of Rs 100 share?

Q.

In order to obtain an income of ₹ 650 from $10\%$ stock at ₹ 96, one must make an investment of:

1. Rs. 6900

2. Rs. 6500

3. Rs. 3200

4. Rs. 6240

Q.

A man invests Rs 8, 800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs 1, 200 at the end of the year as divident, find :

(i) the number of shares he has in the company.

(ii) the dividend percent per share.

Q. A company with 4000 shares of nominal value of Rs 110 each declares an annual dividend of 15%.
(i) Calculate the total amount of dividend paid by the company
(ii) Calculate the annual income of Shah Rukh who holds 88 shares in the company
(iii) If he received only 10% on his investment, find the price Shah Rukh paid for each share.
[4 MARKS]

Q.

Which is better investment: 11% stock at 143 or $9.75\%$ stock at 117?

1. 9.75 % stock at 117

2. Both are equally good

3. Cannot be compared, as the total amount of investment is not given.

4. 11% stock at 143

Q. Amit Kumar invests Rs 36, 000 in buying Rs 100 shares at Rs 20 premium. The dividend is $15\%$ per annum. Find:
(i) the number of shares he buys
(ii) his yearly dividend
(iii) the percentage return on his investment.
[4 MARKS]

Q. A shopkeeper bought a TV at a discount of $30\%$ of the listed price Rs 24, 000. The shopkeeper offers a discount of $10\%$ of the listed price to his customer. If the VAT (Value Added Tax) is $10\%$. Find:
(i) The amount paid by the customer
(ii) The VAT to be paid by the shopkeeper.
[3 MARKS]

Q.

Stock Exchange is a place where shares are bought and sold.

1. True

2. False

Q. _______ is defined as unit of ownership in a company.

1. Share
2. Nominal Value
3. Market Value
4. Dividend

Q.

Salman invests a sum of money in Rs 50 shares, paying 15% dividend quoted at 20% permium. If his annual dividend is Rs 600, calculate :

(i) the number of shares he bought.

(ii) his total investment

(iii) the rate of return on his investment.

Q.

A man invests Rs 1, 680 in buying shares of nominal value Rs 24 and selling at 12% premium. The devidend on the shares is 15% per annum. Calculate :

(i) the number of shares he buys;

(ii) the dividend he receives annually.

Q.

A man bought 20 shares of Rs. 50 at 5 discounts, the rate of dividend being $13\frac{1}{2}$ The rate of interest obtained is:

1. 12%

2. 

3. 15%

4. 

Q.

$A$ borrows Rs.$800$ at the rate of $12\%$ per annum simple interest and$B$ borrows Rs.$910$ at the rate of $10\%$ per annum, simple interest. In how many years will their amounts of debt be equal?

1. $18years$

2. $20years$

3. $22years$

4. $24years$

Q. Shri Shantilal has purchased 150 shares of FV Rs 100, for MV of Rs 120. Company has paid dividend at 7%. Find the rate of return on his investment.

Q.

A man invests Rs 800 in buying Rs 5 shares and when they are selling at a premium of Rs 1.15, he sells all the shares. Find his profit and profit percent.

Q.

A person buys 120 shares at a nominal value of Rs 40 each, which he sells at Rs 42.50 each. Find his profit and profit percent.

Q. a) A company with 10, 000 shares of Rs 100 each declares an annual dividend of $5\%$.
(i) What is the total amount of dividend paid by the company?
(ii) What would be the annual income of a man, who has 72 shares in the company?
(iii) If he received only $4\%$ on his investment, find the price he paid for each share.

b)
A company with 4000 shares of nominal value of Rs 110 each declares an annual dividend of $15\%$, Calculate:
(i) the total amount of dividend paid by the company.
(ii) the annual income of Shahrukh who hold 88 shares in the company.
(iii) if he received only $10\%$ on his investment, find the price Shahrukh paid for each share.

[6 MARKS]

Q.

₹ 9800 is invested partly in $9\%$ stock at 75 and $10\%$ stock at 80 to have equal amount of incomes. The investment in $9\%$ stock is:

1. Rs. 4800

2. Rs. 5400

3. Rs. 5000

4. Rs. 5600

Q.

Find the cost of 85 shares of Rs 60 each when quoted at Rs 63.25.

Q.

Value of a machine depreciates every year at the rate of 15%. If its present value is Rs 4800, what will be its value after 3 years?

1. A = Rs 2900.80

2. A = Rs 2947.80

3. A = Rs 5947.80

4. A = Rs 5900.80

Q. A man invests Rs 9600 on Rs 100 shares at Rs 80. If the company pays him 18% dividend, find:
(i) The number of shares he buys.
(ii) His total dividend.
(iii) His percentage return on the shares.
[3 MARKS]

Q. Amar and Bimal entered into partnership on 1st April, 2017 contributing $Rs.1,50,000$ and $Rs.2,50,000$ respectively towards capital. The Partnership Deed provided for interest on capital @ 10% p.a. it also provided that Capital Accounts shall be maintained following Fixed Capital Accounts method. The firm earned net profit of $Rs.1,00,000$ for the year ended 31st Match, 2018.
Pass the Journal entry for interest on capital.

Q.

A man invests Rs 7, 770 in a company paying 5 percent dividend when a share of nominal value of Rs 100 sells at a premium of Rs 5. Find :

(i) the number of shares bought;

(ii) annual income ;

(iii) percentage income

Q. Rs 25 shares of a company are selling at Rs 20.if the company is paying a dividend of 12% then rate of return is.

Q.

A man invests a certain sum in buying 15% Rs 100 shares at 20% premium. Find :

(i) his income from one share.

(ii) the number of shares bought to have an income, from the dividend, Rs 6, 480.

(iii) sum invested.

Q.

A man invests ₹ 8000 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns ₹ 1200 at the end of the year as dividend, then find the i) number of shares he has in company and ii) dividend percent per share

1. 120 & 15% respectively

2. 110 & 8% respectively

3. 90 & 12% respectively

4. 80 & 15% respectively

Q. A man sold Rs 100 shares at $10\%$ discount and invested in $15\%$ rupees fifty shares at Rs 33. Had he sold his shares at $10\%$ premium instead of $10\%$ discount, he would have earned Rs 450 more. Find the number of shares sold by him.
[4 MARKS]