Stocks and Shares Quiz Set 010 | Maths Aptitude Quiz Questions and Mock Test on Stocks and Shares Set 10 | mock tests for Bank PO, SSB/SSC Exams, SO Clerical Exam, GATE Exam, LIC AO, GIC AO, etc.

**Your Score**
Correct Answers:
Wrong Answers:
Unattempted:

Question 1

What is the market value of a 12% stock that yields 7%?

Rs. $171{3/7}$.

Rs. $85{5/7}$.

Rs. $51{3/7}$.

Rs. $137{1/7}$.

Soln.
Ans: a

For an income of Rs. 7, the investment is Rs. 100. So, for an income of Rs. 12 the investment would be Rs. $100/7$ × 12 = Rs. $171{3/7}$.

Solution | Discuss! | Chapters»

Question 2

Mr. M buys Rs. 60(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?

120.

130.

135.

140.

Soln.
Ans: a

Dividend on share of Rs. 60 is $4/100$ × 60.
Rs. 2 is earned on an investment of Rs. 100.
So the dividend $4/100$ × 60 is earned on $100/2$ × $4/100$ × 60 = Rs. 120.

Solution | Discuss! | Chapters»

Question 3

Mrs. K invests a part of Rs. 54000 in 4% stock at Rs. 150, and the remainder in 2% stock at Rs. 120. If her dividend per annum is Rs. 1260, how much did she invest in 2% stock?

Rs. 18000.

Rs. 18100.

Rs. 17900.

Rs. 18200.

Soln.
Ans: a

If she invests x in 2% stock at Rs. 120, then her income from this investment is Rs. $(x × 2)/120$. Her income from the 4% stock at Rs. 150 would be ${(54000- x) × 4}/150$. The sum is Rs. 1260. So $(x × 2)/120$ + ${(54000- x) × 4}/150$ = 1260. Solving for x we get x = Rs. 18000. Please note that if the calculation seems tough in the exam, you can try direct substitution of options one by one.

Solution | Discuss! | Chapters»

Question 4

Which stock investment option is better: 3% at Rs. 124 or 7% at Rs. 121?

7% is better.

3% is better.

Both are same.

Can't be decided.

Soln.
Ans: a

Let the amount invested be Rs. 124 × 121. Return on the first investment is $3/124$ × 124 × 121 = Rs. 363. Return on the second investment is $7/121$ × 124 × 121 = Rs. 868. So 7% is better.

Solution | Discuss! | Chapters»