at what time should a 6.25% ₹50share should be quoted when the money is worth 10%
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sonudeadpool1
21.08.2017
Math
Primary School
+5 pts
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At what price should a 6.25%rupèss 100 share be quoted when the money is worth 5%
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aryan014
aryan014 Ace
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phillipinestest Ace
Answer: Rs.125 has to be invested to get a return of 5 % for a share of 6.25%.
Solution:
6.25% of Rs.100 = \frac{6.25}{100} \times 100 =Rs. 6.25
6.25% share on Rs.100 is equal to Rs.6.25, Income = Rs.6.25
Money worth is 5%, hence return % = 5
To find the money invested the below formula is used in which return percentage is calculated from the income and invested money which needs to be found in the problem.
Return % =\frac{\text { Income }}{\text { lnvestment }} \times 100
5 =\frac{6.25}{\text { Investment }} \times 100
Investment =\frac{6.25}{5} \times 100=1.25 \times 100 = 125