1. A man buys Rs. 25 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
D) Rs. 21
S.I. on Rs. (110 - 10) for a certain time = Rs. 10.
S.I. on Rs. 100 for double the time = Rs. 20.
T.D. on Rs. 120 = Rs. (120 - 100) = Rs. 20.
2) The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is: ?
A) Rs. 1800
B) Rs. 1450
C) Rs. 1360
D) Rs. 6800
Answer:C) Rs. 1360
3) If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
4) Rahul purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then Rahul has a gain of:
5)A 14% stock yielding 8% is quoted at:
Assume that face value = Rs.100 as it is not given
To earn Rs.8, money invested = Rs.100
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