Advertisements
Advertisements
Question
Choose the most appropriate option:
A man buys Rs. 20 shares paying 9% dividend. The man expects to have an interest of 12% on his money. The market value of each share is:
Options
Rs. 12
Rs.15
Rs. 21
Rs. 18
Solution
Rs. 15
Explanation:
Let the market value of share be x.
∴ 12% of x = 9% of 20.
∴ x = 15
APPEARS IN
RELATED QUESTIONS
Find 12% of 5000
Two solutions of 90% and 97% purity are mixed resulting in 21 litres of a mixture of 94% purity. How much is the quantity of the first solution in the resulting mixture?
If 0.06% of a number is 84, then 30% of that number is
Out of the total income, X spends 20% on house rent and 70% of the remaining amount on household expenditure. If X saves ₹1800, the total income is
The population of a city is 250 thousand. It is increasing at a rate of 2% every year. The growth in the population after 2 years is:
Divya purchased 6 mangoes, 10 oranges and 5 apples for a certain amount. With 40% less amount of Anu could purchase 3 mangoes, 5 oranges, and 4 apples. What percentage of the total amount did Divya spend on apples?
If 80% of A = 20% of B and B = 5x% of A, then the value of x is
Sheena’s test had 75 questions i.e., 10 on English, 30 on Reasoning and 35 on Legal Aptitude. Although she answered 70% of the English, 40% of the Reasoning and 60% of the Legal Aptitude questions correctly, she did not pass the test because she got less than 60% of the questions right. How many questions she would have needed to answer correctly to earn a 60% passing grade?
Two students appeared at an examination. One of them secured 9 marks more than the other and his marks were 56% of the sum of their marks. The marks obtained by them are
If each of the dimensions of a rectangle is increased by 200%, the area is increased by
