M L Aggarwal Solutions for Exercise 3: Chapter Test

At what price should a $9\% ₹100$ share be quoted when the money is worth $6\%$?

By selling at $₹92$, some $2.5\% ₹100$ shares and investing the proceeds in $5\% ₹100$ shares at $₹115$. a person increased his annual income by $₹90$. Find the number of shares purchased.

By selling at $₹92$, some $2.5\% ₹100$ shares and investing the proceeds in $5\% ₹100$ shares at $₹115$ a person increased his annual income by $₹90$. Find the new income.

By selling at $₹92$, some $2.5\% ₹100$ shares and investing the proceeds in $5\% ₹100$ shares at $₹115$. A person increased his annual income by $₹90$. Find the rate percent which he earns on his investment. (Represent the answer  in mixed fraction form).

A man has some shares of $₹100$ par value paying $6\%$ dividend. He sells half of these at a discount of $10\%$ and invests the proceeds in $7\% ₹50$ shares at a premium of $₹10$. This transaction decreases his income from dividends by $₹120$. Calculate the number of shares before the transaction.

A man has some shares of $₹100$ par value paying $6\%$ dividend. He sells half of these at a discount of $10\%$ and invests the proceeds in $7\% ₹50$ shares at a premium of $₹10$. This transaction decreases his income from dividends by $₹120$. Calculate the number of shares sold.

A man has some shares of $₹100$ par value paying $6\%$ dividend. He sells half of these at a discount of $10\%$ and invests the proceeds in $7\% ₹50$ shares at a premium of $₹10$. This transaction decreases his income from dividends by $₹120$. Calculate his initial annual income from shares.

Divide $₹101520$ into two parts such that if one part is invested in $8\% ₹100$ shares at $8\%$ discount and the other in $9\% ₹50$ shares at $8\%$ premium, the annual incomes are equal.