Stocks and Shares Quiz Set 019

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Question 1

What will be my annual income if I invest Rs. 6300 in a 14% stock at Rs. 126?

 A

Rs. 700.

 B

Rs. 800.

 C

Rs. 600.

 D

Rs. 900.

Soln.
Ans: a

The required income is $14/126$ × 6300 = Rs. 700.


Question 2

How many shares of market value of Rs. 1800 per share can be purchased for Rs. 3337200, if the brokerage is 3%?

 A

Rs. 1800.

 B

Rs. 1810.

 C

Rs. 1790.

 D

Rs. 1820.

Soln.
Ans: a

Each share will cost 1800 + $(3 × 1800)/100$ = Rs. 1854. So total shares = 3337200/1854 = 1800.


Question 3

Rs. 13400 is invested in Rs. 57 shares having a market rate of Rs. 67. If the dividend on the shares is 16%, what is the total income?

 A

Rs. 1824.

 B

Rs. 1924.

 C

Rs. 1724.

 D

Rs. 2024.

Soln.
Ans: a

The total number of shares is 13400/67 = 200. Return for 1 share is $16/100$ × 57. Return for 200 shares = $16/100$ × 57 × 200 = Rs. 1824.


Question 4

How much amount of money do I need to buy Rs. 1400 8% stock at Rs. 130? Take the brokerage to be 2%.

 A

Rs. 1848.

 B

Rs. 1948.

 C

Rs. 1748.

 D

Rs. 2048.

Soln.
Ans: a

The amount required to purchase Rs. 100 stock is $130 + 2$. So, for buying Rs. 1400 stock, the required cash is Rs. $(130 + 2)/100$ × 1400 = Rs. 1848.


Question 5

An amount of Rs. 3220 is invested in a stock with market value of Rs. 138. The investor earns Rs. 140. What is the dividend(%) of the stock?

 A

6%.

 B

8%.

 C

9%.

 D

11%.

Soln.
Ans: a

If investment is Rs. 3220 the earning is Rs. 140. So, if the investment is Rs. 138 the earning should be $140/3220$ × 138 = 6%.


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This Blog Post/Article "Stocks and Shares Quiz Set 019" 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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