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Calculate the purchase price of Rs. 6400 worth of 10% stock available at a 15% discount.

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

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

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

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Explanation

The cost price of Rs. 100 stock after a 15% discount is Rs. 85. Therefore, the cost of Rs. 6400 stock is (85/100) × 6400 = Rs. 5440.

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Practice related questions from the same subject.

  1. 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. 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. 3.If a 6% stock is providing an 8% yield, what is the current market price of the stock?
  4. 4.What amount should be invested in 10% stock priced at Rs. 96 to earn an income of Rs. 650?
  5. 5.Calculate the yearly income earned by investing Rs. 6800 in a 10% stock priced at Rs. 136.
  6. 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. 7.Calculate the yearly income from Rs. 2,500 invested in 8% stock priced at 106.
  8. 8.A person purchases a 16% stock at a price of 128. What is the yield (interest) he receives on his investment?
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