100+ Stocks and Shares Aptitude Questions and Answers - 2
Question: 6
Find the annual income derived by investing Rs.6800 in 10% stock at 136.
(A) Rs. 400
(B) Rs. 500
(C) Rs. 600
(D) Rs. 700
Ans: B
By investing Rs.6800, income obtained = Rs. $$({10} / {136} × 6800)$$ = Rs. 500.
Question: 7
Find the income by investing Rs.81000 in 9% stock at 135.
(A) Rs.5400
(B) Rs.5500
(C) Rs.6000
(D) Rs.6400
Ans: A
Here, the market value of the stock = Rs. 81000.
By investing Rs. 135, stock of par value Rs.100 is available.
∴ Income on Rs. 135 is Rs. 9.
∴ Income on Rs. 81000 is Rs. $$({9} / {135} × 81000)$$ = Rs. 5400.
Question: 8
A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio
(A) 3 : 4
(B) 4 : 5
(C) 16 : 15
(D) 20 : 10
Ans: C
For an income of Rs. 1 in 9% stock at 96,
investment = Rs. $$({96} / {9})$$ = Rs. $${32} / {3}$$.
For an income of Rs. 1 in 12% stock at 120
investment= Rs. $$({120} / {12})$$ = Rs. 10.
∴ Ratio of investments = $${32/ 3} : 10$$ = 32 : 30 = 16 : 15.
Question: 9
Find the income on 12% stock of Rs. 60000 purchased at Rs. 110.
(A) Rs. 7000
(B) Rs. 7200
(C) Rs. 7400
(D) Rs. 7500
Ans: B
Face value of the stock = Rs.60000
Income on Rs. 100 stock = Rs. 12
Income of Rs. 1 stock = $$({12} / {100})$$
Income on Rs. 60000 = Rs. $$({12} / {100} × 60000)$$ = Rs. 7200.
Question: 10
The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $${1} / {4}$$%, is
(A) Rs. 106
(B) Rs. 106.50
(C) Rs. 113.75
(D) Rs. 118.75
Ans: A
Cash realised = Rs. (106.25 – 0.25) = Rs. 106.
- 100+ Stocks and Shares Aptitude Questions and Answers
- 100+ Problems on Stocks and Shares Questions and Answers
- 100+ Stocks and Shares Problems with Solutions Pdf
- Stocks and Shares Questions for SSC & UPSC Exams
- 1000+ Fana Aptitude Test and Interview Pdf
- 1000+ Oromia International Bank Exam Questions and Answers Pdf
- 1000+ AFCAT Aptitude Questions with Answers Pdf
Samacheer Kalvi Class 10 Science Acoustics Questions & Answers More
Agricultural Engineering Multiple Choice Questions and Answers Pdf More
Soil, Water Conservation Engineering, Hydrology, Surveying MCQ Questions More
Irrigation and Drainage Engineering, Wells & Pumps MCQ Questions Pdf More
Agricultural Engineering Farm Power MCQ Questions and Answers More
1000+ ECE Viva Questions and Answers Pdf More
Verbal Ability Online Test for IBPS Bank, SSC, Placement More
TNPSC Physics Online Test in Tamil and English More
Levels of Organization 6, 7, 8, 9, 10th Grade Science Quiz More
TNPSC Atomic and Nuclear Physics Objective Questions & Answers More