Stocks and Shares Quiz Set 012 | Maths Aptitude Quiz Questions and Mock Test on Stocks and Shares Set 12 | mock tests for Bank PO, SSB/SSC Exams, SO Clerical Exam, GATE Exam, LIC AO, GIC AO, etc.

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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?

Rs. 9424.

Rs. 9524.

Rs. 9324.

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.

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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?

Rs. 600.

Rs. 700.

Rs. 500.

Rs. 800.

Soln.
Ans: a

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

Solution | Discuss! | Chapters»

Question 3

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

Rs. 1050.

Rs. 1150.

Rs. 950.

Rs. 1250.

Soln.
Ans: a

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

Solution | Discuss! | Chapters»

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?

Rs. 240.

Rs. 250.

Rs. 230.

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.

Solution | Discuss! | Chapters»

Question 5

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

Rs. 7000.

Rs. 7100.

Rs. 6900.

Rs. 7200.

Soln.
Ans: a

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

Solution | Discuss! | Chapters»

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