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

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
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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.
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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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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

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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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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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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

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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

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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

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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

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 Bonus Share will be– (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000

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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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Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth type B shares at face value. Market va

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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

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

Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including dividend in the ratio of 6 : 7 in Debt and Equity Funds. If the amount reinvested in Equity Funds was Rs. 94,500/-, what was the original amount invested in Equity Funds? (a) Rs. 75,000/- (b) Rs. 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

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Last Answer : (a) Rs. 75,000/-

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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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%

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

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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?

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Last Answer : Need 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% ?

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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

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.)

Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R

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Durga invested Rs X for 5 months and Y for remaining time. Moushsree invested Rs Y for 9.months and X for the remaining time. At the end of the year profits are in the ratio 4:5. Then find what % of X is Y? A) 6.2 % B) 7.69% C) 5.25% D) 3.2%

Description : Durga invested Rs X for 5 months and Y for remaining time. Moushsree invested Rs Y for 9.months and X for the remaining time. At the end of the year profits are in the ratio 4:5. Then find what % of X is Y? A) 6.2 % B) 7.69% C) 5.25% D) 3.2%

Last Answer : Answer: B)  Durga investment =5X+7Y  Moushsree investment =9Y+3X  (5X+7Y)/(9Y+3X)=4/5  X/Y=1/13 *100=7.69%

A man invests Rs.13,200 in a company to by Rs.55 shares. The number of shares he bought is _______.

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A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Description : A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Last Answer : 5,40,000

Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.

Description : Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.

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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 _______.

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When sale is Rs. 4,80,000, gross loss is 25% on cost, purchase is Rs. 3,50,000 and closing stock is Rs. 60,000, the stock in the beginning would be– (A) Rs. 70,000 (B) Rs. 94,000 (C) Rs. 1,34,000 (D) Rs. 3,50,000

Description : When sale is Rs. 4,80,000, gross loss is 25% on cost, purchase is Rs. 3,50,000 and closing stock is Rs. 60,000, the stock in the beginning would be– (A) Rs. 70,000 (B) Rs. 94,000 (C) Rs. 1,34,000 (D) Rs. 3,50,000

Last Answer : Answer: Rs. 3,50,000

Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be– (A) 0•5 times (B) 0•8 times (C) 0•10 times (D) 0•4 times

Description : Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be– (A) 0•5 times (B) 0•8 times (C) 0•10 times (D) 0•4 times

Last Answer : Answer: 0•5 times

When the sales increase from Rs. 40,000 to Rs. 60,000 and profit increases by Rs. 5,000, the P/V ratio is — (a) 20% (b) 30% (c) 25% (d) 40%.

Description : When the sales increase from Rs. 40,000 to Rs. 60,000 and profit increases by Rs. 5,000, the P/V ratio is — (a) 20% (b) 30% (c) 25% (d) 40%.

Last Answer : (c) 25%

A company is selling shares at Rs.96 each has a par value of Rs.120. The discount percentage is _______.

Description : A company is selling shares at Rs.96 each has a par value of Rs.120. The discount percentage is _______.

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A portion of Rs.6600 is invested at a 5% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 5% per annum is twice that of the other portion, what is the total income from the two investments after one year? a) Rs.270 b) Rs.370 c) Rs.250 d) Rs.280 e) None of these

Description : A portion of Rs.6600 is invested at a 5% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 5% per annum is twice that of the other portion, what is the ... investments after one year? a) Rs.270 b) Rs.370 c) Rs.250 d) Rs.280 e) None of these

Last Answer : 5x + 3y = z (Total Income) x + y = 6600 -(1) 5x= 2(3y) 5x – 6y = 0 -(2) By solving (1) and (2) we get, x = 3600 so y = 3000 (3600*5*1)/100 + (3000*3*1)/100 = 180 + 90 = 270 Answer: a)

A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900

Description : A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900

Last Answer : (c) Rs.800

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

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

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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

Description : 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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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

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

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

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. ________.

X, Y, Z started a business by investing Rs.60,000, Rs.70,000 and Rs.80,000 respectively. Find the share of each out of an annual profit of Rs.28350 A) 8000, 9367, 11800 B) 8500, 9400, 11000 C) 8308, 9530, 10346 D) 8100, 9450, 10800

Description : X, Y, Z started a business by investing Rs.60,000, Rs.70,000 and Rs.80,000 respectively. Find the share of each out of an annual profit of Rs.28350 A) 8000, 9367, 11800 B) 8500, 9400, 11000 C) 8308, 9530, 10346 D) 8100, 9450, 10800

Last Answer : Answer: D) Ratio of shares = 60,000 : 70,000 : 80,000 = 6 : 7 : 8 A’s share = Rs(28350 *6/21) = Rs.8100 B’s share = Rs(28350 * 7/21) = Rs.9450 C’s share = Rs (28350* 8/21) = Rs. 10,800

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

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

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