general math MCQ #1094

Find the income derived from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum. Stocks

general math MCQ #1094

  1. Question 1

    Q1. Find the income derived from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum. Stocks

    • A) Rs. 150
    • B) Rs. 165
    • C) Rs. 180
    • D) Rs. 201

    Answer: Rs. 165

    Explanation: Market value per share = 25+5 = Rs. 30; dividend = 7.5%×25 = Rs. 1.875 per share; for 88 shares, income = 88×1.875 = Rs. 165.