1000+ Fana Aptitude Test and Interview Pdf - 1

Ans: A

Income from first stock

= Rs.$$({8}/{90} × 32400)$$ = Rs.2880.

Amount of stock purchased by Janu

= Rs.$$({100} / {90} × 32400)$$ = Rs.36000

Amount received by selling Rs.18000 stock at 95

= $$({95}/{100} × 18000)$$ = Rs.17100

Amount received by selling the remaining Rs.18000 stock at 98

= $$({98}/{100} × 18000 )$$ = Rs.17640

∴ Total amount received = Rs. (17100 + 17640) = Rs. 34740

The amount of Rs.34740 is invested in 10% stock at $$96{1}/{2}$$

∴ Income from this stock = Rs.$$(10 × {2}/{193} × 34740)$$ = Rs.3600

Hence, change in income = Rs.(3600 – 2880) = Rs.720.

Ans: C

For an income of Rs. 8 investment = Rs. 100.

For an income of Rs. 6, investment = Rs. $$({100} / {8} × 6)$$ = Rs. 75.

∴ Market value of Rs. 100 stock = Rs. 75.

Ans: B

Number of shares = $$({4455} / {8.25})$$ = 540.

Face value = Rs. (540 x 10) = Rs. 5400.

Annual income = Rs. $$({12}/{100} × 5400)$$ = Rs. 648.

Ans: C

Number of shares purchased by Jana = $${27260} / {116}$$ = 235

Face value of 235 shares = Rs.(235 × 100) = Rs.23500.

Annual income from 235 shares = 16% of Rs.23500

= $$({16}/{100} × 23500)$$ = Rs. 3760.

Ans: A

The market value of a debenture = Rs.125

∴ Income on Rs.125 is Rs.5

∴ Income on Rs.95 is $$({5}/{125} × 95)$$ = Rs.$${19}/{5}$$

∴ Percent income on the debentures is 3.8%.