Stocks and Shares Quiz Set 004 | Maths Aptitude Quiz Questions and Mock Test on Stocks and Shares Set 4 | mock tests for Bank PO, SSB/SSC Exams, SO Clerical Exam, GATE Exam, LIC AO, GIC AO, etc.

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Question 1

An amount of Rs. 2704 is invested in a stock with market value of Rs. 312. The investor earns Rs. 104. What is the dividend(%) of the stock?

12%.

14%.

15%.

17%.

Soln.
Ans: a

If investment is Rs. 2704 the earning is Rs. 104. So, if the investment is Rs. 312 the earning should be $104/2704$ × 312 = 12%.

Solution | Discuss! | Chapters»

Question 2

Mr. M buys Rs. 70(face value) shares paying 4% dividend. If his investment is getting him an interest of Rs. 2%, what is the market value of the share?

140.

150.

155.

160.

Soln.
Ans: a

Dividend on share of Rs. 70 is $4/100$ × 70.
Rs. 2 is earned on an investment of Rs. 100.
So the dividend $4/100$ × 70 is earned on $100/2$ × $4/100$ × 70 = Rs. 140.

Solution | Discuss! | Chapters»

Question 3

Which stock investment option is better: 4% at Rs. 114 or 7% at Rs. 113?

7% is better.

4% is better.

Both are same.

Can't be decided.

Soln.
Ans: a

Let the amount invested be Rs. 114 × 113. Return on the first investment is $4/114$ × 114 × 113 = Rs. 452. Return on the second investment is $7/113$ × 114 × 113 = Rs. 798. So 7% is better.

Solution | Discuss! | Chapters»

Question 4

How much cash is realized by selling Rs. 1600 of 13% stock at a discount of 3%? Take the brokerage to be 2%.

Rs. 1520.

Rs. 1620.

Rs. 1420.

Rs. 1720.

Soln.
Ans: a

If Rs. 100 stock is sold, the amount realized is $(100 - \text"discount" - \text"brokerage")$ = $(100 - 3 - 2)$. So cash realized by selling Rs. 1600 stock is $(100 - 3 - 2)/100$ × 1600 = Rs. 1520.

Solution | Discuss! | Chapters»

Question 5

An investor buys Rs. 50 shares in a company that pays 16% dividend. If his investment is such that it is getting him an interest of Rs. 8%, 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 $8/100$ × x = 50 × $16/100$, solving, we get x = Rs. 100.

Solution | Discuss! | Chapters»