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 ?

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 ?
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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 ?
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X, Y, Z jointly engaged in a business. It was agreed that X would invest Rs. 14500 for 4 months,Y Rs 19000 for 7 months and Z Rs 25000 for 6 months. X wants to be a working partner and he was to receive 14% of the profit and total profit earned by X was Rs 43929. Calculate share of Z A) 55750 B) 58472 C) 67500 D) 65250

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Last Answer : Answer: C)  Ratio of X, Y, Z profit is 14500*4:19000*7:25000*6=58:133:150  Total profit be' a'  X receives 14% of a as profit for active partner  Remaining profit=86% of a  X's total profit=[86/ ... 341]+14/100*a=43929  9762/34100*a=43929 => a= Rs.153450  Share of Z =153450/341*150 =Rs 67500

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The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is [The Pearson Guide book] A. Rs 500 B. Rs 515 C. Rs 550 D. Rs 600

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Last Answer : Answer – A. Rs 500 Explanation – 110% of S.P. = 616 = S.P. = Rs.(616 x 100/110) = Rs.560. C.P. = Rs (100/112 x 560) = Rs 500

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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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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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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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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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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Ganesha, Harish and Raghu started a business with investments of Rs.15000, Rs.18000 and Rs.21000. At the end of the one year, they earned a total profit of Rs.5400. Find the respective shares of Ganesh, Harish and Raghu in the profit (in Rs.) a)1500,1800,2100 b)1360,1800,2240 c)1750,2100,2450 d)1890,2100,2310

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Last Answer : a)1500,1800,2100

If a company is given credit terms of 2/10, n/30, it should a. hold off paying the bill until the end of the credit period, while investing the money at 10% annual interest during this time. b. pay within the discount period and recognize a savings. c. pay within the credit period but don't take the trouble to invest the cash while waiting to pay the bill. d. recognize that the supplier is desperate for cash and withhold payment until the end of the credit period while negotiating a lower sales price.

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Last Answer : b. pay within the discount period and recognize a savings.

Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as deduction u/s 37 by the firm. a) Tax-free u/s 10(10D) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

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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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Last Answer : Marked price = 11250 × 10/9 = Rs. 12500 Total cost=12500 + 150 + 800=Rs. 13450 S.P = 13450 × 115/100 = Rs. 15467.50 Answer: d)

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

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Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001

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Last Answer : b)900

Mukesh invests Rs.12,000 in a company to but Rs.100 shares, paying `10%` dividend. His income from the shares is _______.

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A man spends Rs 1,800 per month on an average for the first four mouths and Rs 2,000 per month for the nest 8 months and saves Rs 5,600 a year. What is his average monthly income ?

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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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Last Answer : Answer: Rs. 30,000

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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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 transferable to capital reserve will be– (A) Rs. 300 (B) Rs. 60 (C) Rs. 90 (D) Rs. 30

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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

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Last Answer : Answer: Rs. 20

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 machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

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Last Answer : (C) 800