## Answer & Solution

**Option B**

11.

A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

12.

A 12% stock yielding 10% is quoted at:

13.

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $$\frac{1}{4}$$%, is:

14.

The cost price of a Rs. 100 stock at 4 discount, when brokerage is $$\frac{1}{4}$$% is:

15.

Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?

16.

Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $$14\frac{2}{7}\% $$ stock at 120 free from income tax ?

17.

The income derived from a Rs. 100, 13% stock at Rs. 105, is -

18.

A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction ?

19.

The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $$\frac{1}{4}$$ %, is-

20.

A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock at Rs. 110 which pays a dividend of 15%. How much does he gain or lose ?