Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find the market value of each share if he derives an annual inc

Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find the market value of each share if he derives an annual inc
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Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find ... investment, also find the number of shares he bought.
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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

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Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully paid. Average expected profit is Rs.8,500. Transfer to reserves is 10%. Pref. dividend is payable. NRR is 9%. The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20s

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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.

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The annual income derived from each Rs.200 share at a premium of Rs.30, paying `10%` dividend is Rs. ________.

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Face value and market value of a share are Rs.100 and Rs.120 respectively, and the rate of return is `10%`. Then, dividend is _______ (in %).

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Three friends A, B and C started a business by investing a sum of money in the ratio of 5 : 7 : 6. After 6 months C withdraws half of his capital. If the sum invested by ‘A’ is Rs 40,000, out of a total annual profit of Rs 33,000, C’s share will be a) Rs 9,000 b) Rs 12,000 c) Rs 11,000 d) Rs 10,000 e) None of these

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Last Answer : Answer: A Sum invested by A , B and C is 5 * 12:7 * 12:6 * 6 + 3 * 6 or 60 : 84 : 54 or 10 : 14 : 9 :: Share of C = ( 9 / 33 ) * 33000 = Rs. 9000

An investment of Rs. 36 on a share earns the investor a return of 10%. If dividend is 12 % on each share, then what is its face value ?

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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, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

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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

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Last Answer : (A) Rs. 48,000

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

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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.

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Ali buys a glass, a pencil box and a cup and pays Rs. 21 to the shopkeeper. Rakesh buys a cup, two pencil boxes and a glass and pays Rs. 28 to the shopkeeper. Preeti buys two glasses, a cup and two pencil boxes and pays Rs. 35 to the shopkeeper. The cost of 10 cups will be (A) Rs. 40 (B) Rs. 60 (C) Rs. 80 (D) Rs. 70

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Last Answer : Answer: D

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

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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

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A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss

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Last Answer : CP of the article  

Assertion (A): Mohan is a shopkeeper who pays his taxes on time. He has employed two workers Raghu and Rakesh in his shop. He pays them well but none of the workers get paid leaves in a year. Reason (R): Rakesh and Raghu are employed in an unorganized sector. (a) Both A & R are true and R is the correct explanation of A (b) Both A & R are true but R is not the correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Description : Assertion (A): Mohan is a shopkeeper who pays his taxes on time. He has employed two workers Raghu and Rakesh in his shop. He pays them well but none of the workers get paid leaves in a year. Reason (R): Rakesh ... correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

Last Answer : (a) Both A & R are true and R is the correct explanation of A

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

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In a company M and O invested amount in the ratio 3 : 2 whereas the ratio between amounts invested by M and N was 4 : 3. If Rs.1,80,000 was their profit, how much did N receive?(calculate approximate value) A) 75432 B) 74483 C) 76854 D) 76443

Description : In a company M and O invested amount in the ratio 3 : 2 whereas the ratio between amounts invested by M and N was 4 : 3. If Rs.1,80,000 was their profit, how much did N receive?(calculate approximate value) A) 75432 B) 74483 C) 76854 D) 76443

Last Answer : Answer: B) M : O = 3:2 O: M= 2:3 = 8:12 M:N = 4 :3 =12:9 O:M:N = 8:12:9 Therefore N’s share = Rs (1,80,000 * 12/29) =Rs(2160000/29) = Rs.74483(approx.)

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

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The authorized capital of a company is Rs.150,000 and the number of shares is 500. What is the face value of each shares is 500. What is the face valu

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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

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Last Answer : Answer: Issue of Bonus shares

Rupesh invests Rs. 45,000 partly in Rs. 150 shares at Rs. 180 for 8% and partly in Rs. 75 shares at Rs. 135 for 12%. If the annual income from the inv

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Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

Description : Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

Last Answer : Profit sharing ratio of Avinash,Bala & Chandran = 45000 : 70000 : 90,000 = 45 : 70 : 90 = 9 : 14 : 18 Bala's share of profit after two year =Rs.164000 × 14 × 41 = Rs. 4000 ×14 = Rs. 56000 Answer: a)

P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them with Rs. 35,000. At the end of these 3 years, they earned a profit of Rs. 150,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Description : P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them ... ,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Last Answer : Answer: A) P invested Rs.25,000 for 12 months, Rs.(25000 + 10000) for 12 months, , Rs.(25000 + 10000 + 10000) for 12 months. i.e., P invested Rs.25,000 for 12 months, Rs.35000 for 12 months Rs.45000 for 12 months. Q ... Q's share = Rs.(1,50,000 x 2 /(3+2+1)) = Rs.(1,50,000 x 2/6) = Rs.50,000

The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge from Profit and Loss Account will be: (a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Description : The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge ... a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Last Answer : (b) Rs. 85,000

R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000

Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000

Last Answer : Answer: Rs. 4,00,000

They pay a dividend to their employee and deposit the dividend in a for-profit interest-bearing bank. What is the ruling ? I work in an aluminum factory in Canada. At the end of each year the company pays employees a portion of the profits. They pay employees a portion of the cash. Another part is c

Description : They pay a dividend to their employee and deposit the dividend in a for-profit interest-bearing bank. What is the ruling ? I work in an aluminum factory in Canada. At the end of each year ... ; Such as interest bank , alcohol hall , cigarettes , other things and other investments of interest banks.

Last Answer : Alhamdulillah. The portion that the company pays at the end of each year is a portion of the employee's remuneration and salary. Since this money is kept separately in a specific account for the employee ... part. Will try to determine the amount of haram part as much as possible. GOD is Omniscient.

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 shares should X Ltd. issue to Maruti Udyog Ltd. for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares

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

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 any call money and his shares were forfeited. What is the amount to be credited to Share Forfeiture Account on forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000

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

If a Rs. 180 share is quoted at a premium of Rs. 27, then the market value of each share is _______.

Description : If a Rs. 180 share is quoted at a premium of Rs. 27, then the market value of each share is _______.

Last Answer : If a Rs. 180 share is quoted at a premium of Rs. 27, then the market value of each share is _______.

From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10 Carrying cost per unit per annum: = Rs. 10 Purchase price per unit = Rs. 50 Re-order quantity at present = 45000 units There is discount of 10% per unit in case of purchase of 45000 units in bulk. (a) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Description : From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10  Carrying cost per unit per annum: = Rs. 10  Purchase price per unit = Rs. ... ) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Last Answer : (d) Rs. 2,990

Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.

Description : Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.

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Ravi, Rakesh and Vijay invest in a partnership in the ratio 7/2, 4/3, 6/5 respectively. After 4 months, Ravi increases his share 50%. If the total profit at the and of one year be Rs. 32,400, then what is Rakesh's share in the profit? 1) Rs. 2000 2) Rs. 3000 3) Rs. 4000 4) Rs. 5000 5) Rs. 6000

Description : Ravi, Rakesh and Vijay invest in a partnership in the ratio 7/2, 4/3, 6/5 respectively. After 4 months, Ravi increases his share 50%. If the total profit at the and of one year be Rs. 32,400, then what is Rakesh's ... the profit? 1) Rs. 2000 2) Rs. 3000 3) Rs. 4000 4) Rs. 5000 5) Rs. 6000

Last Answer : 5) Rs. 6000

P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the working member for which, he was to receive 10% of the profits. The profit earned was Rs. 3700. Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

Description : P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the ... Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

Last Answer : Answer: B) For managing, P received = 10% of Rs. 3700 = Rs. 370. Balance = Rs. (3700 - 370) = Rs. 3330. Ratio of their investments = (3250 x 6) : (4200 x 5) : (5000 x 3)  = 19500 : 21000 : 15000  = 13 : 14 : 10 Q's share = Rs. 3330x 14 / 37 = Rs. 1260

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 was? A. Rs. 2, 96,200 B. Rs. 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

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

The retrofitting of a variable speed drive in a plant costis Rs 0.5 lakh. The maintenance cost is Rs. 5,000/year. The return on investment is a) 25% b) 22.5% c) 24% d) 27.5%s Rs 2 lakh. The annual savings

Description : The retrofitting of a variable speed drive in a plant costs Rs 2 lakh. The annual savingsis Rs 0.5 lakh. The maintenance cost is Rs. 5,000/year. The return on investment is a) 25% b) 22.5% c) 24% d) 27.5%

Last Answer : b) 22.5%