100+ Stocks and Shares Aptitude Questions and Answers - 1
Question: 1
A man buys Rs.50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares?
(A) Rs. 40
(B) Rs. 48
(C) Rs. 52
(D) Rs. 60
Ans: A
Dividend on 1 share = Rs. $$({10} / {100} × 50)$$ = Rs. 5.
Rs. 12.50 is an income on an investment of Rs. 100
Rs. 5 is an income on an investment of Rs. $$(100 × {2} / {25} × 5)$$ = Rs. 40.
∴ Cost of 1 share = Rs. 40.
Question: 2
In order to obtain an income of Rs.650 from 10% stock at Rs.96, one must take an investment of
(A) Rs. 3100
(B) Rs. 3800
(C) Rs. 6240
(D) Rs. 9600
Ans: C
To obtain Rs. 10, investment = Rs. 96.
To obtain Rs. 650, investment = Rs. $$({96} / {10} × 650)$$ = Rs. 6240.
Question: 3
The income derived from a Rs.100, 13% stock at Rs.105, is
(A) 5
(B) 8
(C) 10
(D) 13
Ans: D
Income of Rs. 100 stack = Rs. 13.
Question: 4
A man invested Rs.1552 in a stock at 97 to obtain an income of Rs.128. The dividend from the stock is
(A) 6%
(B) 7%
(C) 7.5%
(D) 8%
Ans: D
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs. $$({128} / {1552} × 97)$$ = Rs. 8.
Question: 5
A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of
(A) Rs. 80
(B) Rs. 100.02
(C) Rs. 115.20
(D) Rs. 125.40
Ans: C
For an income of Rs. 10, investment = Rs. 96.
For an income of Rs. 12, investment = Rs. $$({96} / {10} × 12)$$ = Rs. 115.20.
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