# Stocks and Shares Quiz Set 012

### Question 1

Rs. 57600 is invested in Rs. 62 shares having a market rate of Rs. 72. If the dividend on the shares is 19%, what is the total income?

A

Rs. 9424.

B

Rs. 9524.

C

Rs. 9324.

D

Rs. 9624.

Soln.
Ans: a

The total number of shares is 57600/72 = 800. Return for 1 share is \$19/100\$ × 62. Return for 800 shares = \$19/100\$ × 62 × 800 = Rs. 9424.

### Question 2

An investor has put x Rs. in 2% stock at Rs. 120, and the remaining, Rs. (844 - x) in 5% at Rs. 122. If the dividends are equal, what is x?

A

Rs. 600.

B

Rs. 700.

C

Rs. 500.

D

Rs. 800.

Soln.
Ans: a

Dividends are equal, so \${x × 2}/120\$ = \${(844 - x) × 5}/122\$. Solving, we get x = Rs. 600.

### Question 3

Mr. X invests Rs. 10500 in 10% stock at Rs. 100. How much will he earn?

A

Rs. 1050.

B

Rs. 1150.

C

Rs. 950.

D

Rs. 1250.

Soln.
Ans: a

His earning = \$10/100\$ × 10500 = Rs. 1050.

### Question 4

Mr. P buys Rs. 312 shares which pay 10% dividend. If he gets 13% on his investment, at what price did he buy the shares?

A

Rs. 240.

B

Rs. 250.

C

Rs. 230.

D

Rs. 260.

Soln.
Ans: a

Income on 1 share = \$10/100\$ × 312 = \$3120/100\$. Rs. 13 is an income on investment of Rs. 100. So, Rs. \$3120/100\$ will be earned on an investment of Rs. \$100/13\$ × \$3120/100\$ = Rs. 240.

### Question 5

Mr. Q invests earns Rs. 700 by investing in 11% stock at Rs. 110. How much has he invested?

A

Rs. 7000.

B

Rs. 7100.

C

Rs. 6900.

D

Rs. 7200.

Soln.
Ans: a

His investment = \${110 × 700}/11\$ = Rs. 7000.