Stocks and Shares Quiz Set 008

Advertisement


Your Score
Correct Answers:
Wrong Answers:
Unattempted:

Question 1

What will be my annual income if I invest Rs. 5600 in a 7% stock at Rs. 112?

 A

Rs. 350.

 B

Rs. 450.

 C

Rs. 250.

 D

Rs. 550.

Soln.
Ans: a

The required income is $7/112$ × 5600 = Rs. 350.


Question 2

How much amount should be invested in a 10% stock at Rs. 50 so as to earn a dividend of Rs. 120?

 A

Rs. 600.

 B

Rs. 700.

 C

Rs. 500.

 D

Rs. 800.

Soln.
Ans: a

Let the amount be A. Then, dividend = $10/50$ × A = 120. Solving, we get A = Rs. 600.


Question 3

What is the market value of a 5% stock that yields 13%?

 A

Rs. $38{6/13}$.

 B

Rs. $19{3/13}$.

 C

Rs. $11{7/13}$.

 D

Rs. $30{10/13}$.

Soln.
Ans: a

For an income of Rs. 13, the investment is Rs. 100. So, for an income of Rs. 5 the investment would be Rs. $100/13$ × 5 = Rs. $38{6/13}$.


Question 4

How much amount of money do I need to buy Rs. 1700 7% stock at Rs. 120? Take the brokerage to be 2%.

 A

Rs. 2074.

 B

Rs. 2174.

 C

Rs. 1974.

 D

Rs. 2274.

Soln.
Ans: a

The amount required to purchase Rs. 100 stock is $120 + 2$. So, for buying Rs. 1700 stock, the required cash is Rs. $(120 + 2)/100$ × 1700 = Rs. 2074.


Question 5

What is the market value of a 8% stock that yields 9%?

 A

Rs. $88{8/9}$.

 B

Rs. $44{4/9}$.

 C

Rs. $26{2/3}$.

 D

Rs. $71{1/9}$.

Soln.
Ans: a

For an income of Rs. 9, the investment is Rs. 100. So, for an income of Rs. 8 the investment would be Rs. $100/9$ × 8 = Rs. $88{8/9}$.


buy aptitude video tutorials


Creative Commons License
This Blog Post/Article "Stocks and Shares Quiz Set 008" 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


Advertisement