Stocks and Shares Quiz Set 002 | Maths Aptitude Quiz Questions and Mock Test on Stocks and Shares Set 2 | mock tests for Bank PO, SSB/SSC Exams, SO Clerical Exam, GATE Exam, LIC AO, GIC AO, etc.

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Question 1

Mr. Q invests earns Rs. 2200 by investing in 14% stock at Rs. 140. How much has he invested?

Rs. 22000.

Rs. 22100.

Rs. 21900.

Rs. 22200.

Soln.
Ans: a

His investment = ${140 × 2200}/14$ = Rs. 22000.

Solution | Discuss! | Chapters»

Question 2

An investor buys Rs. 50 shares in a company that pays 8% dividend. If his investment is such that it is getting him an interest of Rs. 4%, for how much did he buy each share?

Rs. 100.

Rs. 110.

Rs. 115.

Rs. 120.

Soln.
Ans: a

If he bought each share at Rs. x, then his income is $4/100$ × x = 50 × $8/100$, solving, we get x = Rs. 100.

Solution | Discuss! | Chapters»

Question 3

How much amount of money do I need to buy Rs. 1600 5% stock at Rs. 110? Take the brokerage to be 2%.

Rs. 1792.

Rs. 1892.

Rs. 1692.

Rs. 1992.

Soln.
Ans: a

The amount required to purchase Rs. 100 stock is $110 + 2$. So, for buying Rs. 1600 stock, the required cash is Rs. $(110 + 2)/100$ × 1600 = Rs. 1792.

Solution | Discuss! | Chapters»

Question 4

Mr. P buys Rs. 238 shares which pay 10% dividend. If he gets 17% on his investment, at what price did he buy the shares?

Rs. 140.

Rs. 150.

Rs. 130.

Rs. 160.

Soln.
Ans: a

Income on 1 share = $10/100$ × 238 = $2380/100$. Rs. 17 is an income on investment of Rs. 100. So, Rs. $2380/100$ will be earned on an investment of Rs. $100/17$ × $2380/100$ = Rs. 140.

Solution | Discuss! | Chapters»