# Stocks and Shares Quiz Set 019

### 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%.

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 2020-02-07. Published on: 2016-04-28

Posted by Parveen(Hoven),
Aptitude Trainer