1000+ AFCAT Aptitude Questions with Answers Pdf - 1

Ans: B

Market value of a share = Rs.25

∴ Market value of 12500 shares = Rs(25 × 12500) = Rs.312500.

Thus, the amount required to purchase 12500 shares = Rs. 312500.

Then, Vijay sells these shares at a premium of Rs. 11 each. ∴ New market rate per shares = Rs.(20 + 11) = Rs.31.

∴ Selling price of these shares = Rs.(31 × 12500) = Rs.387500

∴ Gain = S.P. - C.P.

= Rs. (387500 – 312500) = Rs. 75000.

Ans: B

Number of shares = 50000

Par value of a share = Rs.10

∴ Total par value of 5000 shares = Rs.500000

Total dividend = Rs.62500

∴ Rate of dividend paid by the company = $${{62500}/{500000} × 100}$$% = $$12{1}/{2}$$%.

Ans: A

Par value of a share = Rs.10

Market value of a share = Rs.$$(10 × {120}/{100})$$ = Rs.12.

The amount to be paid by the buyer to purchase 2500

shares = Rs.(2500 × 12) = Rs.30000

Gain of the shareholder on selling one share = Rs.(20 - 12) = Rs.8.

∴ Gain from selling 2500 shares = Rs.(2500 × 8) = Rs.20000.

Ans: A

Here, market value of the stock = Rs.90000.

By investing Rs. $$112{1}/{2}$$, stock of par value Rs.100 is available.

∴ Income on Rs. $$112{1}/{2}$$ is $$7{1}/{2}$$%

Income on Rs. 90000 is Rs. $$({15/2} × {2/225} × 90000)$$ = Rs.6000.

Ans: C

Market value of Rs.100 stock = Rs.(91 + 1) = Rs.92.

Income on Rs.92 = Rs.$$9{1}/{2}$$

∴ Income on Rs. 92000 is Rs. $$({19/2} ×{19/92} × 92000)$$ = Rs.9500.