Stocks and Shares Quiz Set 005


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Question 1

An investor has put x Rs. in 4% stock at Rs. 114, and the remaining, Rs. (842 - x) in 3% at Rs. 125. If the dividends are equal, what is x?

 A

Rs. 342.

 B

Rs. 442.

 C

Rs. 242.

 D

Rs. 542.

Soln.
Ans: a

Dividends are equal, so ${x × 4}/114$ = ${(842 - x) × 3}/125$. Solving, we get x = Rs. 342.


Question 2

Mr. Q invests earns Rs. 2150 by investing in 7% stock at Rs. 70. How much has he invested?

 A

Rs. 21500.

 B

Rs. 21600.

 C

Rs. 21400.

 D

Rs. 21700.

Soln.
Ans: a

His investment = ${70 × 2150}/7$ = Rs. 21500.


Question 3

What will be my annual income if I invest Rs. 6050 in a 6% stock at Rs. 121?

 A

Rs. 300.

 B

Rs. 400.

 C

Rs. 200.

 D

Rs. 500.

Soln.
Ans: a

The required income is $6/121$ × 6050 = Rs. 300.


Question 4

Mr. X invests Rs. 20500 in 17% stock at Rs. 170. How much will he earn?

 A

Rs. 2050.

 B

Rs. 2150.

 C

Rs. 1950.

 D

Rs. 2250.

Soln.
Ans: a

His earning = $17/170$ × 20500 = Rs. 2050.


Question 5

If dividend income after investing Rs. 6000 in a 8% stock is Rs. 400, then what is the value of the stock?

 A

Rs. 120.

 B

Rs. 130.

 C

Rs. 110.

 D

Rs. 140.

Soln.
Ans: a

Let the value be Rs. V. The income is $8/V$ × 6000 = Rs. 400. Solving, we get V = Rs. 120.


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Updated on 2020-02-07. Published on: 2016-04-28

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