Stocks and Shares Quiz Set 013

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Question 1

If my annual dividend income after investing Rs. 6000 in a stock at Rs. 120 is Rs. 250, then what % divided is paid by the company?

 A

5%.

 B

6%.

 C

4%.

 D

7%.

Soln.
Ans: a

Let the dividend be p%. The income is $p/120$ × 6000 = Rs. 250. Solving, we get p = 5%.


Question 2

If my annual dividend income after investing Rs. 5950 in a stock at Rs. 119 is Rs. 350, then what % divided is paid by the company?

 A

7%.

 B

8%.

 C

6%.

 D

9%.

Soln.
Ans: a

Let the dividend be p%. The income is $p/119$ × 5950 = Rs. 350. Solving, we get p = 7%.


Question 3

An amount of Rs. 3087 is invested in 5% stock. The investor earns Rs. 147. What is the market value of the stock?

 A

Rs. 105.

 B

Rs. 205.

 C

Rs. 155.

 D

Rs. 305.

Soln.
Ans: a

Rs. 147 is earned when Rs. 3087 is invested. So, Rs. 5 will be earned if the investment is $3087/147$ × 5 = Rs. 105.


Question 4

Which stock investment option is better: 2% at Rs. 129 or 9% at Rs. 125?

 A

9% is better.

 B

2% is better.

 C

Both are same.

 D

Can't be decided.

Soln.
Ans: a

Let the amount invested be Rs. 129 × 125. Return on the first investment is $2/129$ × 129 × 125 = Rs. 250. Return on the second investment is $9/125$ × 129 × 125 = Rs. 1161. So 9% is better.


Question 5

How much amount of money do I need to buy Rs. 1700 14% stock at Rs. 115? Take the brokerage to be 2%.

 A

Rs. 1989.

 B

Rs. 2089.

 C

Rs. 1889.

 D

Rs. 2189.

Soln.
Ans: a

The amount required to purchase Rs. 100 stock is $115 + 2$. So, for buying Rs. 1700 stock, the required cash is Rs. $(115 + 2)/100$ × 1700 = Rs. 1989.


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This Blog Post/Article "Stocks and Shares Quiz Set 013" 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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