A invested in a 10% stock priced at Rs.96. If B wishes to invest in a 12% stock of equivalent value, at what price should B buy the stock?

Stocks and Shares Mcqs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

Browse all Stocks and Shares Mcqs MCQs →

Stocks and Shares Mcqs calculations for Mathematics Preparation with detailed explanation.

PPSCFPSCNTSPakistan govt jobs

Subject: Stocks and Shares Mcqsmathematics-mcqs › stocks-and-shares-mcqs
Published: 7 Oct 2019
Last updated: 28 May 2026

Browse all Stocks and Shares Mcqs →

Explanation

Since A's investment in 10% stock at Rs.96 yields Rs.10 income, to get the same income of Rs.12 from a 12% stock, B must invest (96/10) × 12 = Rs.115.20.

Practice related questions from the same subject.

1.A man purchases shares with a face value of Rs. 25 that offer a 9% dividend. If his investment yields a 10% return, at what price did he acquire each share?
2.Calculate the total price for purchasing 96 shares, each with a face value of Rs. 10, sold at a discount of 3/4, and including a brokerage fee of 1/4 per share.
3.If a 6% stock is providing an 8% yield, what is the current market price of the stock?
4.What amount should be invested in 10% stock priced at Rs. 96 to earn an income of Rs. 650?
5.Calculate the yearly income earned by investing Rs. 6800 in a 10% stock priced at Rs. 136.
6.Maria invests Rs. 1620 in an 8% stock and receives Rs. 135 as income. What is the current market price of the stock?
7.Calculate the yearly income from Rs. 2,500 invested in 8% stock priced at 106.
8.A person purchases a 16% stock at a price of 128. What is the yield (interest) he receives on his investment?

← Back to Mathematics Mcqs

A invested in a 10% stock priced at Rs.96. If B wishes to invest in a 12% stock of equivalent value, at what price should B buy the stock?

Explanation

More Stocks and Shares Mcqs