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

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
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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.
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Last Answer : 1st selling price=150% of x = 150x/100 = 15x/10 New Cost price=60% of x = 60x/100 = 6x/10  2nd selling price = 160% of 6x/10 = 160/100 * 6x/10 = 96x/100  Therefore 15x/10 – 96x/100 = Rs.21.50  X=Rs.39.81  Therefore cost price of the article = Rs.40 (approx.)

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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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

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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Last Answer : Answer: Rs. 30

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)

Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19%

Description : Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19% 

Last Answer : Answer – C (16%) Explanation – C.P of 20 dozen = Rs.(48 x 20) = Rs.960 C.P of 8 dozen = Rs. (48 x8) = Rs. 384. C.P of 12 dozen =Rs. (960 – 384) = Rs. 576 Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60 ∴ Profit % = (153.60/960 x 100)% =16%

Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

Description : Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

Last Answer : Cost price of 1 dozen bangles = Rs.5 Cost price of 50 dozen bangles = 50*5=Rs. 250  Amount of tax paid = Rs.125  Total cost price=250+125 = 375  Selling price of total number of bangles=50 * 12 * ½ = 300  Loss = 375 – 300 = 75 loss percentage = (75*100)/375 = 20%

Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%

Description : Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%

Last Answer : Answer – B .8% Explanation: CP =Rs.(30 x 8 + 10) = Rs.250 SP = Rs. (30 x 5 + 30 x 4) = Rs.270 Gain% = (20/250 x 100)% = 8%

Rita bought a computer with a discount of 10% on its marked price. she sold it at a price 25% more than the price at which she bought it. The new SP is how much percentage more than marked price?

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Last Answer : Mp=Rs x Sp=Rs 90/100*x=9x/10 Sp=9x/10*125/100=9x/8 Required %= (9x/8-x)/x *100 = 12.5%

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

Nithish bought two purses which together cost him Rs.440. He sold one of the purse at a loss of 20% and the other one at a gain of 40%. The selling price of both purse are same. Then find out the cost price of both purse. a) Rs.150 and Rs.290 b) Rs.140 and Rs.300 c) Rs.170 and Rs.270 d) Rs.160 and Rs.280 e) None of the Above

Description : Nithish bought two purses which together cost him Rs.440. He sold one of the purse at a loss of 20% and the other one at a gain of 40%. The selling price of both purse are same. Then find out the cost price of both ... Rs.140 and Rs.300 c) Rs.170 and Rs.270 d) Rs.160 and Rs.280 e) None of the Above

Last Answer : 80/100 * x = 140/100 * y x = 7/4y x + y = 440 7/4 y + y = 440 y = 160 ; x = 280 Answer: d)

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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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.

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 ?

Description : 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 ?

Last Answer : 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 ?

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 %).

Description : 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 %).

Last Answer : 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 %).

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

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

Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have been 15% if no discount was offered? a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50

Description : Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have ... a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50

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)

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

Description : 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 ... . 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

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

P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?

Description : P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?

Last Answer : discount offer by by P= 10 % of 56000 = Rs. 5600 total discount offer by Q= 12% of 40,000+8% of 16000 =4800+1280=Rs. 6080 required difference= 6080-5600= Rs.480

Premium on issue of shares can be used for -----------. A. distribution of dividend B. writing of f capital losses C. transferring to general reserve D. paying fees to directors

Description : Premium on issue of shares can be used for -----------. A. distribution of dividend B. writing of f capital losses C. transferring to general reserve D. paying fees to directors

Last Answer : B. writing of

A, B and C enter into a partnership and their shares are in ratio 1/2 : 1/3 : 1/4, after 2 months, A withdraws half of his capital and after 12 months, a profit of Rs 1050 is divided among them. What is B’s share ? A.Rs.420 B.Rs. 300 C.Rs.400 D.Rs.350

Description : A, B and C enter into a partnership and their shares are in ratio 1/2 : 1/3 : 1/4, after 2 months, A withdraws half of his capital and after 12 months, a profit of Rs 1050 is divided among them. What is B’s share ? A.Rs.420 B.Rs. 300 C.Rs.400 D.Rs.350

Last Answer : Answer- C(Rs.400) Explanation : Ratio of investments =1/2 : 1/3 : 1/4 , LCM of 2, 3, 4 = 12 ,multiply ratios with 12 we get 6 : 4 : 3 , so,initial investment be 6x, 2x and 3x so, we can write: A : B :C =(6x X 2 + 3x X 10 ) : (4x X 12) :(3x X 12) = 7:8:6 B’s share= (8/21) x 1050 = 400

Dharan bought a donkey and a carriage for Rs.3000. He sold the donkey at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the donkey?

Description : Dharan bought a donkey and a carriage for Rs.3000. He sold the donkey at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the donkey? 

Last Answer : Let the cost price of the donkey be Rs ‘X’  Then cost price of the carriage = Rs(3000-X)  20% of X – 10% of (3000 – X) = 2% of 3000  X/5 – (3000-X)/10 = 60  2X – 3000 + X = 600  X = 1200  Hence cost price of the donkey = Rs.1200

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

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

Mohan brought a cycle for Rs 425 and then sold it at a loss of 8% of the cost price. For how much did he sell the cycle? 1. Rs 453 2. Rs 419 3. Rs 441 4. Rs 437

Description : Mohan brought a cycle for Rs 425 and then sold it at a loss of 8% of the cost price. For how much did he sell the cycle? 1. Rs 453 2. Rs 419 3. Rs 441 4. Rs 437

Last Answer : 4. Rs 437

A substance is purchased for Rs. 300. If one fourth of the substance is sold at a loss of 10% and the remaining at a gain of 5%, Find out the overall gain or loss percentage.

Description : A substance is purchased for Rs. 300. If one fourth of the substance is sold at a loss of 10% and the remaining at a gain of 5%, Find out the overall gain or loss percentage.

Last Answer : Price Received by selling one fourth of the substance at a loss of 10% = (1/4) * 300 * (90/100) = Rs. 67.5 Price Received by remaining substance at a gain of 5% = (3/4) * 300 * (105/100) = Rs.236. ... 75 Profit = 303.75 - 300 = 3.75 Profit%=(Gain/Cost∗100)% =(3.75/300∗100)% =1.25%

If novels bought at prices ranging from Rs 300 to Rs 470 are sold at prices ranging from Rs 400 to Rs 520, what is the greatest possible profit that might be made in selling 12 books?

Description : If novels bought at prices ranging from Rs 300 to Rs 470 are sold at prices ranging from Rs 400 to Rs 520, what is the greatest possible profit that might be made in selling 12 books? 

Last Answer : least cost price= 300*12 =3600 greatest sold price= 520 *12= 6240 profit required= 6240-3600=Rs 2640

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?

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

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

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

Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Description : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)

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

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%`.

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

Description : 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

Last Answer : Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth ... the buy? A. 6 B. 24 C. 32 D. 40

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 : 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 _______.

Vaishnavi purchased 35kg of wheat at the rate of Rs.19.50 per kg and another 35kg of wheat at a certain rate. She mixed the two and sold the entire quantity at the rate of the Rs.21.25 per kg and made 20%. Overall profit at what price per kg did she purchase the lot of another 35kg wheat?

Description : Vaishnavi purchased 35kg of wheat at the rate of Rs.19.50 per kg and another 35kg of wheat at a certain rate. She mixed the two and sold the entire quantity at the rate of the Rs.21.25 per kg and made 20%. Overall profit at what price per kg did she purchase the lot of another 35kg wheat?

Last Answer : Let the required price per kg be Rs'X'  Then cost price of 70 kg wheat = Rs(35 * 19.50 + 35 * X)  = Rs (682.5 + 35X)  Selling price of 70kg wheat = Rs (70 * 21.25)  = Rs.1487.5 Total cost ... 100/120=1239.58 35x= 1239.58-682.5=557.08 X=15.91 So the cost price of second lot is Rs15.91 per kg

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

Description : 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

Last Answer : Rupesh invests Rs. 45,000 partly in Rs. 150 shares at Rs. 180 for 8% and partly in Rs. 75 ... investments made by Rupesh in the two types of sphares.

My mom set up a testamentary trust for her property 6 years ago. Two months later she suffered a fall with resulting brain injury. The property has been sold in the past 6 months-can the proceeds go to her care or must it go to the beneficiaries. ?

Description : My mom set up a testamentary trust for her property 6 years ago. Two months later she suffered a fall with resulting brain injury. The property has been sold in the past 6 months-can the proceeds go to her care or must it go to the beneficiaries. ?

Last Answer : Her bills need to be paid first.