Dr. Lal And Jain Solutions for Exercise 1: EXERCISE

A $₹400$ note drawn upon $12th$ August $1962$ for $90$ days is deposited at the bank on $17th$ September $1962$. The bank charges $6\frac{1}{2}\%$ discount. What will be the amount received by the depositor? (A year may be taken of $360$ days).

What is the cash value of  $₹ 4500$ stock at $86.75\%$?

A man invested $\mathrm{Rs} 14400$ in the hundred rupees shares of a company at $20\%$ premium. If the company declares  $5\%$ dividend at the end of the year, then how much does he get?

How much income shall be received by investing $Rs. 1260$ in $3\%$ stock at $84$?

A man invests $₹27000$ partly in $6\%$ stock at $₹126$ and partly in $5\%$ stock at $₹120$. If his income is same from both the stocks. Find the two investments.

A person finds that if he invests his money in the $4\frac{1}{2}\%$ stock at $Rs.96$. His income will be greater by $Rs.100$ then, if he invests in the $4\%$ stock at $Rs.88$. Find the money which he invests.

If the rate of dividend is $5\%$, find the income by purchasing $20$ shares of $Rs. 50$ each at $Rs. 50$.