# Stocks and Shares Quiz Set 002

### Question 1

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

A

Rs. 22000.

B

Rs. 22100.

C

Rs. 21900.

D

Rs. 22200.

Soln.
Ans: a

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

### 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?

A

Rs. 100.

B

Rs. 110.

C

Rs. 115.

D

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.

### 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%.

A

Rs. 1792.

B

Rs. 1892.

C

Rs. 1692.

D

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.

### 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?

A

Rs. 140.

B

Rs. 150.

C

Rs. 130.

D

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.

### Question 5

An investor has put x Rs. in 9% stock at Rs. 125, and the remaining, Rs. (1437 - x) in 3% at Rs. 118. If the dividends are equal, what is x?

A

Rs. 375.

B

Rs. 475.

C

Rs. 275.

D

Rs. 575.

Soln.
Ans: a

Dividends are equal, so \${x × 9}/125\$ = \${(1437 - x) × 3}/118\$. Solving, we get x = Rs. 375. 