Stocks and Shares Quiz Set 011

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Question 1

If my annual dividend income after investing Rs. 6450 in a stock at Rs. 129 is Rs. 550, then what % divided is paid by the company?

 A

11%.

 B

12%.

 C

10%.

 D

13%.

Soln.
Ans: a

Let the dividend be p%. The income is $p/129$ × 6450 = Rs. 550. Solving, we get p = 11%.


Question 2

Rs. R1 are invested in 7% stock at Rs. 90, and R2 is invested in 21% stock at Rs. 75. If the dividends are equal then the ratio of R1 and R2 is?

 A

18:5.

 B

19:5.

 C

18:6.

 D

21:10.

Soln.
Ans: a

Return from investing R1 is $7/90$ × R1. If it equals return from R2, $7/90$ × R1 = $21/75$ × R2. So, R1/R2 = $21/75$ × $90/7$ = 18:5.


Question 3

How much amount should be invested in a 13% stock at Rs. 30 so as to earn a dividend of Rs. 221?

 A

Rs. 510.

 B

Rs. 610.

 C

Rs. 410.

 D

Rs. 710.

Soln.
Ans: a

Let the amount be A. Then, dividend = $13/30$ × A = 221. Solving, we get A = Rs. 510.


Question 4

How much amount of money do I need to buy Rs. 1000 13% stock at Rs. 115? Take the brokerage to be 2%.

 A

Rs. 1170.

 B

Rs. 1270.

 C

Rs. 1070.

 D

Rs. 1370.

Soln.
Ans: a

The amount required to purchase Rs. 100 stock is $115 + 2$. So, for buying Rs. 1000 stock, the required cash is Rs. $(115 + 2)/100$ × 1000 = Rs. 1170.


Question 5

Mr. P buys Rs. 204 shares which pay 10% dividend. If he gets 12% on his investment, at what price did he buy the shares?

 A

Rs. 170.

 B

Rs. 180.

 C

Rs. 160.

 D

Rs. 190.

Soln.
Ans: a

Income on 1 share = $10/100$ × 204 = $2040/100$. Rs. 12 is an income on investment of Rs. 100. So, Rs. $2040/100$ will be earned on an investment of Rs. $100/12$ × $2040/100$ = Rs. 170.


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This Blog Post/Article "Stocks and Shares Quiz Set 011" 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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