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Which is better investment? 7% of ₹ 100 shares at ₹ 120 (or) 8% of ₹ 100 shares at ₹ 135. - Business Mathematics and Statistics

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प्रश्न

Which is better investment? 7% of ₹ 100 shares at ₹ 120 (or) 8% of ₹ 100 shares at ₹ 135.

योग

उत्तर

Let the investment in each case be ₹ (120 × 135)

Case 1: Income from 7% of ₹ 100 shares at ₹ 120 = `7/120 xx (120 xx 135)`

= 7 × 135

= ₹ 945

Case 2: Income from 8% of ₹ 100 shares at ₹ 135 = `8/135 xx (120 xx 135)`

= 8 × 120

= ₹ 960

∴ 8% of 100 shares at ₹ 135 is better investment.

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अध्याय 7: Financial Mathematics - Exercise 7.2 [पृष्ठ १७१]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
अध्याय 7 Financial Mathematics
Exercise 7.2 | Q 9 | पृष्ठ १७१

संबंधित प्रश्न

How much will be required to buy 125 of ₹ 25 shares at a discount of ₹ 7?


Mohan invested ₹ 29,040 in 15% of ₹ 100 shares of a company quoted at a premium of 20%. Calculate

  1. the number of shares bought by Mohan
  2. his annual income from shares
  3. the percentage return on his investment

A man buys 400 of ₹ 10 shares at a premium of ₹ 2.50 on each share. If the rate of dividend is 12%, then find

  1. his investment
  2. annual dividend received by him
  3. rate of interest received by him on his money

Sundar bought ₹ 4,500, 12% of ₹ 10 shares at par. He sold them when the price rose to ₹ 23 and invested the proceeds in ₹ 25 shares paying 10% per annum at ₹ 18. Find the change in his income.


Babu sold some ₹ 100 shares at 10% discount and invested his sales proceeds in 15% of ₹ 50 shares at ₹ 33. Had he sold his shares at 10% premium instead of 10% discount, he would have earned ₹ 450 more. Find the number of shares sold by him.


A man purchases a stock of ₹ 20,000 of face value ₹ 100 at a premium of 20%, then investment is ___________.


If a man received a total dividend of ₹ 25,000 at 10% dividend rate on a stock of face value ₹ 100, then the number of shares purchased.


Purchasing price of one share of face value ₹ 100 available at a discount of `9 1/2%` with brokerage `1/2%` is ____________.


The % of income on 7% stock at ₹ 80 is ___________.


Gopal invested ₹ 8,000 in 7% of ₹ 100 shares at ₹ 80. After a year he sold these shares at ₹ 75 each and invested the proceeds (including his dividend) in 18% for ₹ 25 shares at ₹ 41. Find

  1. his dividend for the first year
  2. his annual income in the second year
  3. The percentage increase in his return on his original investment

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