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:

A)Rs. 12

B)Rs. 15

C)Rs. 18

D) Rs. 21

B)Rs. 15

Explanation:
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.

T.D. on Rs. 110 = Rs.

20/120

x 110 = Rs. 18.33

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

C) Rs. 1360

Explanation:

Sum = S.I. x

T.D./(S.I.) - (T.D.)

= 85 x

80/(85 - 80)

= 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:

A)Rs. 768

B)Rs. 968

C)Rs. 1960

D)Rs. 2400

Rs. 768

Explanation:

P.W. = 100 x

T.D./R x T

= 100 x

168/14 x 2

= 600.

Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.

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:

A) 0%

B) 5%

C) 7.5%

D) 10%

A) 0%

Explanation:

C.P =Rs.3000 S.P =

(3600 X 100)/100

+(10 X 2) = Rs. 3000 Gain = 0%

5)A 14% stock yielding 8% is quoted at:

A)Rs. 125

B)Rs. 83.33

C)Rs. 120

D)Rs. 175

D)Rs. 175

Explanation:
Assume that face value = Rs.100 as it is not given
To earn Rs.8, money invested = Rs.100