Stocks and Shares Quiz Set 006

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Question 1

What will be my annual income if I invest Rs. 6050 in a 9% stock at Rs. 121?

 A

Rs. 450.

 B

Rs. 550.

 C

Rs. 350.

 D

Rs. 650.

Soln.
Ans: a

The required income is $9/121$ × 6050 = Rs. 450.


Question 2

How much cash is realized by selling Rs. 1100 of 12% stock at a discount of 7%? Take the brokerage to be 2%.

 A

Rs. 1001.

 B

Rs. 1101.

 C

Rs. 901.

 D

Rs. 1201.

Soln.
Ans: a

If Rs. 100 stock is sold, the amount realized is $(100 - \text"discount" - \text"brokerage")$ = $(100 - 7 - 2)$. So cash realized by selling Rs. 1100 stock is $(100 - 7 - 2)/100$ × 1100 = Rs. 1001.


Question 3

An amount of Rs. 2482 is invested in 5% stock. The investor earns Rs. 146. What is the market value of the stock?

 A

Rs. 85.

 B

Rs. 185.

 C

Rs. 135.

 D

Rs. 285.

Soln.
Ans: a

Rs. 146 is earned when Rs. 2482 is invested. So, Rs. 5 will be earned if the investment is $2482/146$ × 5 = Rs. 85.


Question 4

Mr. M buys Rs. 50(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?

 A

100.

 B

110.

 C

115.

 D

120.

Soln.
Ans: a

Dividend on share of Rs. 50 is $4/100$ × 50.
Rs. 2 is earned on an investment of Rs. 100.
So the dividend $4/100$ × 50 is earned on $100/2$ × $4/100$ × 50 = Rs. 100.


Question 5

Mr. X invests Rs. 10500 in 9% stock at Rs. 90. How much will he earn?

 A

Rs. 1050.

 B

Rs. 1150.

 C

Rs. 950.

 D

Rs. 1250.

Soln.
Ans: a

His earning = $9/90$ × 10500 = Rs. 1050.


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This Blog Post/Article "Stocks and Shares Quiz Set 006" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2019-08-18.

Posted by Parveen(Hoven),
Aptitude Trainer


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