Stocks and Shares Quiz Set 001

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Question 1

Mr. Q invests earns Rs. 2450 by investing in 17% stock at Rs. 170. How much has he invested?

 A

Rs. 24500.

 B

Rs. 24600.

 C

Rs. 24400.

 D

Rs. 24700.

Soln.
Ans: a

His investment = ${170 × 2450}/17$ = Rs. 24500.


Question 2

How much cash is realized by selling Rs. 1100 of 14% stock at a discount of 4%? Take the brokerage to be 2%.

 A

Rs. 1034.

 B

Rs. 1134.

 C

Rs. 934.

 D

Rs. 1234.

Soln.
Ans: a

If Rs. 100 stock is sold, the amount realized is $(100 - \text"discount" - \text"brokerage")$ = $(100 - 4 - 2)$. So cash realized by selling Rs. 1100 stock is $(100 - 4 - 2)/100$ × 1100 = Rs. 1034.


Question 3

An investor buys Rs. 30 shares in a company that pays 14% dividend. If his investment is such that it is getting him an interest of Rs. 7%, for how much did he buy each share?

 A

Rs. 60.

 B

Rs. 70.

 C

Rs. 75.

 D

Rs. 80.

Soln.
Ans: a

If he bought each share at Rs. x, then his income is $7/100$ × x = 30 × $14/100$, solving, we get x = Rs. 60.


Question 4

How much cash is realized by selling Rs. 1200 of 10% stock at a discount of 4%? Take the brokerage to be 2%.

 A

Rs. 1128.

 B

Rs. 1228.

 C

Rs. 1028.

 D

Rs. 1328.

Soln.
Ans: a

If Rs. 100 stock is sold, the amount realized is $(100 - \text"discount" - \text"brokerage")$ = $(100 - 4 - 2)$. So cash realized by selling Rs. 1200 stock is $(100 - 4 - 2)/100$ × 1200 = Rs. 1128.


Question 5

Mr. M buys Rs. 80(face value) shares paying 14% dividend. If his investment is getting him an interest of Rs. 7%, what is the market value of the share?

 A

160.

 B

170.

 C

175.

 D

180.

Soln.
Ans: a

Dividend on share of Rs. 80 is $14/100$ × 80.
Rs. 7 is earned on an investment of Rs. 100.
So the dividend $14/100$ × 80 is earned on $100/7$ × $14/100$ × 80 = Rs. 160.


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This Blog Post/Article "Stocks and Shares Quiz Set 001" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2017-06-24.

Posted by Parveen(Hoven),
Aptitude Trainer


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