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Maria invests Rs. 1620 in an 8% stock and receives Rs. 135 as income. What is the current market price of the stock?

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

Maria's investment of Rs. 1620 yields Rs. 135. To find the price corresponding to Rs. 8 dividend, calculate (1620 / 135) × 8 = Rs. 96. Therefore, the stock quoted at Rs. 96 per Rs. 100 face value.

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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.Calculate the yearly income from Rs. 2,500 invested in 8% stock priced at 106.
  7. 7.A person purchases a 16% stock at a price of 128. What is the yield (interest) he receives on his investment?
  8. 8.Calculate the total amount of money needed to buy Rs. 3200 worth of 7.5% stock priced at 107, given a brokerage fee of 0.5%.
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