The dividend received on 200 shares of face value Rs.100 at 8% is ________.

(a)

Rs. 1600

(b)

Rs. 1000

(c)

Rs. 1500

(d)

Rs. 800

What is the amount relalised on selling 8% stock 200 shares of face value Rs. 100 at Rs. 50.

(a)

Rs.16,000

(b)

Rs. 10,000

(c)

Rs. 7,000

(d)

Rs. 9,000

A man purchases a stock of Rs. 20,000 of face value Rs. 100 at a premium of 20%, then investment is ________.

(a)

Rs. 20,000

(b)

Rs. 25,000

(c)

Rs. 24,000

(d)

Rs. 30,000

A person brought 100 shares of 9% stock of face value Rs. 100, at a discount of 10%, then the stock purchased is _______.

(a)

Rs. 9000

(b)

Rs. 6000

(c)

Rs. 5000

(d)

Rs. 4000

The % Income on 7 % stock at Rs. 80 is _______.

(a)

9%

(b)

8.75%

(c)

8%

(d)

7%

The annual income on 500 shares of face value Rs.100 at 15% is _______.

(a)

Rs. 7,500

(b)

Rs. 5,000

(c)

Rs. 8,000

(d)

Rs. 8,500

Rs. 5000 is paid as perpetual annuity every year and the rate of C.I 10 %. Then present value P of immediate annuity is _______.

(a)

Rs. 60,000

(b)

Rs. 50,000

(c)

Rs. 10,000

(d)

Rs. 80,000

If ‘a’ is the annual payment, ‘n’ is the number of periods and ‘i’ is compound interest for Rs. 1 then future amount of the annuity is  _______.

(a)

A = \(\frac{a}{i}(1+i)(1+i)^n-1]\)

(b)

A = \(\frac{a}{i}[(1+i)^n-1]\)

(c)

P = \(\frac{a}{i}\)

(d)

P = \(\frac{a}{i}(1+i)[1-(1+i)^{-n}]\)

A invested some money in 10% stock at Rs.96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of  _______.

(a)

Rs. 80

(b)

Rs. 115.20

(c)

Rs. 120

(d)

Rs. 125.40

An annuity in which payments are made at the beginning of each payment period is called _______.

(a)

Annuity due

(b)

An immediate annuity

(c)

perpetual annuity

(d)

none of these