Description : A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.
Last Answer : A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.
Description : Rs. 60,000 is invested in buying Rs. 120 shares of a company which are available at a premium of 25%. Find the number of shares bought and the annual
Last Answer : Rs. 60,000 is invested in buying Rs. 120 shares of a company which are available at a premium of ... dividend is paid at the rate of 10% per annum.
Description : XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay ... forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000
Last Answer : Answer: Rs. 10,000
Description : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the compa
Last Answer : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` ... `12%`, then find the face value of each share.
Description : How much should a man invest in 12%, Rs. 150 shares of a company available at a premium of Rs. 30, if the annual income earned is to be Rs. 3,600 ?
Last Answer : How much should a man invest in 12%, Rs. 150 shares of a company available at a premium of Rs. 30, if the annual income earned is to be Rs. 3,600 ?
Description : A man invests Rs. 20,000 in Rs. 80 shares of a company available at a premium of Rs. 20. IF the company pays a dividend of 8%, then find the rate of r
Last Answer : A man invests Rs. 20,000 in Rs. 80 shares of a company available at a premium of Rs. 20. IF ... of 8%, then find the rate of return on the investment.
Description : Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, so that the annual income earned is Rs.4800 from the inv
Last Answer : Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, ... the investment if the dividend offered is `12%`.
Description : Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these shares is 10% per annum. Find the divide
Last Answer : Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these ... B. Rs. 2400 C. Rs. 4200 D. Rs. 3680
Description : A person invested Rs. 18,000 in buying Rs. 150 shares of a company which are available at a premium of Rs. 50. If the company pays a 9% dividend, then
Last Answer : A person invested Rs. 18,000 in buying Rs. 150 shares of a company which are available at a ... also the annual income he earned from the investment.
Description : The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40
Last Answer : Answer: Rs. 20
Description : A man invests Rs.13,200 in a company to by Rs.55 shares. The number of shares he bought is _______.
Last Answer : A man invests Rs.13,200 in a company to by Rs.55 shares. The number of shares he bought is _______.
Description : Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If ... sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500
Last Answer : Suppose Ashwin lend Rs. x to Ramesh then, Xx16x3/100 - (X – 6300) × 14 × 3/100 = 618......(1) From equation I , x = Rs. 6800 Answer: b)
Description : Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for Rs.100 each. What is the rate of dividend, and what is his
Last Answer : Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for ... his annual dividend if he purcheses 500 such shares?
Description : Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.
Last Answer : Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.
Description : When shares of face value Rs.50 each are sold above par at Rs.10 premium, then the money required to buy 30 such shares it _______.
Last Answer : When shares of face value Rs.50 each are sold above par at Rs.10 premium, then the money required to buy 30 such shares it _______.
Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares
Last Answer : Answer: 28,000 shares
Description : Find the annual income derived from an investment of Rs. 18,000 in Rs. 150 shares available at Rs. 180 of a company paying 11% dividend.
Last Answer : Find the annual income derived from an investment of Rs. 18,000 in Rs. 150 shares available at Rs. 180 of a company paying 11% dividend.
Description : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of 12%. If the earns 10% per annum on his investment, then
Last Answer : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of ... , then find the market value of each share.
Description : A company is selling shares at Rs.120 each. Each has a par vlaue of Rs.100. The premium percentage is _______.
Last Answer : A company is selling shares at Rs.120 each. Each has a par vlaue of Rs.100. The premium percentage is _______.
Description : Net Assets of D.Co. for Purchase Consideration worth Rs. 4,00,000. At the time of absorption, the company has paid 32,000 equity shares each of Rs.10 each at 10% premium, then remaining cash will be - (A) Rs. 48,000 (B) Rs. 84,000 (C) Rs. 80,000 (D) Rs. 90,000
Last Answer : (A) Rs. 48,000
Description : If Mr. Pandey bought 200 shares of BOK stock at Rs 450 per share. He bought the stock on margin of 60 . The stock is now trading at Rs 600 per share and the brokerage firm has recently lowered initial?
Last Answer : Need answer
Description : If Anil bought a Rs. 150 share at a premium of Rs 20 while Raju brought the same kind of share at a discount of Rs. 20 of the same company, then the d
Last Answer : If Anil bought a Rs. 150 share at a premium of Rs 20 while Raju brought the same kind of share ... earned by Raju. [equal to/less than/more than]
Description : If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.
Last Answer : If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.
Description : Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A shares and 20 type B shares, then the difference between their f
Last Answer : Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A ... , then the difference between their face value is _______.
Description : The annual income derived from each Rs.200 share at a premium of Rs.30, paying `10%` dividend is Rs. ________.
Last Answer : The annual income derived from each Rs.200 share at a premium of Rs.30, paying `10%` dividend is Rs. ________.
Description : An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment ... 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these
Last Answer : C. Rs. 2, 25,600
Description : 20,000 equity shares of Rs.10 each issued at 10% premium , cash is Rs------------------- a) Rs.2,00,000 b) Rs.2,10,000 c) Rs.2,15,000 d) Rs.2,20,000
Last Answer : d) Rs.2,20,000
Description : If an investment of Rs. 42,000 in Rs. 300 shares of a company, paying a dividend of 7%, results in an annual income of Rs. 2100, then find the market
Last Answer : If an investment of Rs. 42,000 in Rs. 300 shares of a company, paying a dividend of 7%, results ... . 2100, then find the market value of each share.
Description : The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50,000, Security Premium Rs. 5,000, Revaluation Reserve Rs. 20,000, P & L A/c (Dr) Rs. 10,000. Maximum amount available for distribution of ... will be- (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000
Last Answer : Answer: Rs. 55,000
Description : A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60
Last Answer : 4. Rs 60
Description : Share Premium received by a Company may be used for– (A) Payment of dividend (B) Payment of remuneration to management (C) Issue of Bonus shares (D) None of these
Last Answer : Answer: Issue of Bonus shares
Description : Bonus shares can be issued by a company A. Out of the Reserves created by revaluation of fixed assets B. Out of share premium not collected in cash C. Without any provision for it in the Articles of Association of the company D. Out of free reserves built out of genuine profit
Last Answer : D. Out of free reserves built out of genuine profit
Description : The authorized capital of a company is Rs.50,000 and the number of shares is 1000. If the paid-up capital is Rs.25,000, then the paid-up value of each
Last Answer : The authorized capital of a company is Rs.50,000 and the number of shares is 1000. If the paid-up ... the paid-up value of each share is Rs.______.
Description : The paid-up capital of a company is Rs.50,000. If the company has shares of face of Rs.25 in which Rs.20 is paid-up, then how many shares does it have
Last Answer : The paid-up capital of a company is Rs.50,000. If the company has shares of face of Rs.25 ... have ? What is the authorized capital of the company?
Description : A company has shares of face value Rs.50 in which Rs.25 is paid-up and the paid-up capital is Rs.10,000. Then, the authorized capital is _________.
Last Answer : A company has shares of face value Rs.50 in which Rs.25 is paid-up and the paid-up capital is Rs.10,000. Then, the authorized capital is _________.
Description : Jimmy bought 25 apples for Rs.10 and sold them at the rate of 24 apples for Rs.12. What is the percentage of profit made by him? A. 25% B. 70% C. 60% D. 100%
Last Answer : Answer – A (25%) Explanation – CP of 1 apple=10/25=2/5 SP of 1 apple=12/24=1/2 profit= 1/2-2/5=1/10 %= [(1/10) / (2/5) ] x 100 =25 %
Description : Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to Rs. 90 and invested the proceeds in 10%, Rs. 50 share
Last Answer : Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to ... . 30, then find the change in her annual income.
Description : A company has 500 shares of face value Rs.50 in which Rs.30 is paid-up. The company collects Rs.12,000 as the second instalment. What is the paid-up v
Last Answer : A company has 500 shares of face value Rs.50 in which Rs.30 is paid-up. The company collects Rs.12, ... . What is the paid-up value of each share now?
Description : A company forfeited 30 equity shares of Rs. 10 each fully called-up, for non-payment of allotment money of Rs. 3 and call-money of Rs. 4 per share. If these shares are reissued at Rs. 8 per share fully paid, the amount ... to capital reserve will be- (A) Rs. 300 (B) Rs. 60 (C) Rs. 90 (D) Rs. 30
Last Answer : Answer: Rs. 30
Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000
Last Answer : Answer: Rs. 30,000
Description : An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by ... . 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these
Last Answer : B. Rs. 5, 80,425
Description : The return on investment (ROI) may be calculated as A. Net profit before interest, tax and dividend / Capital employed B. Net profit after interest, tax and dividend / Shareholder's fund C. ( Net profit - preference dividend )/ No. of equity shares D. Return on Investment / Net profit ratio
Last Answer : A. Net profit before interest, tax and dividend / Capital employed
Description : Which of the following is a better investment ? (A) 10%, Rs. 100 shares at Rs. 120. (B) 9%, Rs. 100 shares at Rs. 110.
Last Answer : Which of the following is a better investment ? (A) 10%, Rs. 100 shares at Rs. 120. (B) 9%, Rs. 100 ... B. B C. Both (A) and (B) D. Data insufficient
Description : Which is a better investment, (A) Rs. 60 shares at Rs. 75 paying a dividend of 10% or (B) Rs. 100 share at Rs. 120 paying a dividend of 12% ?
Last Answer : Which is a better investment, (A) Rs. 60 shares at Rs. 75 paying a dividend of 10% or (B) Rs. 100 share at Rs. 120 paying a dividend of 12% ?
Description : A long-term security yielding a fixed rate of interest, issued by a company is called ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above
Last Answer : B. Debentures Explanation: A debenture is a type of debt instrument that is not secured by physical assets or collateral. Instruments issued by companies are called debentures. The difference between the two is actually a function of where they are registered and pay stamp duty and how they trade.
Description : A vendor bought 30 dozen bananas at Rs.16 per dozen. He sold 10 dozens at Rs.20 per dozen and 16 dozens at Rs.25 per dozen. The remaining 4 dozens were rotten and he threw away. Find his profit percentage. a)20% b)25% c)30% d)33 1/3%
Last Answer : b)25%
Description : Rs,33,000 is to be divided into two parts, such that the income from one part invested in Rs.200 shares at Rs.250 for `10%` dividend is the same as th
Last Answer : Rs,33,000 is to be divided into two parts, such that the income from one part invested in ... the amounts invested in the two kinds of sheares.
Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850
Last Answer : A
Description : Suresh and Ramesh are twins. In a form by mistake, Suresh reverses the last 2 digits of his year of birth, and this makes him 9 years older than Ramesh. With this mistake, the sum of their ages in 2015 becomes 43. How old will Ramesh be 2021? a) 17 b) 19 c) 21 d) 23 e) 25
Last Answer : Let the correct ages of Ramesh and Suresh be X in 2015 (since they are twins, they will have the same age) Given: 2x + 9 = 43 Or x = 17 years in 2015. Age in 2021 = 17 + 6 = 23 Note: year of birth = 2015 – 17 = 1998. Reversing, Suresh = 1989 or 9 year older. Answer: d)
Description : Which of the following statements is true? a) Debenture holder is an owner of the company. b) Debenture holder can get back its money only on the liquidation of the company. c) A debenture issued ... can be redeemed at a premium. d) A debenture holder receives interest only in the event of profits
Last Answer : c) A debenture issued at a discount can be redeemed at a premium.