1000+ Oromia International Bank Exam Questions and Answers Pdf - 1

Ans: C

Face value of stock = Rs.25000

Income on Rs.100 stock = Rs.10

Income on Rs.1 stock = Rs.$$({10}/{100})$$

Income on Rs.25000 stock = Rs.$$({25000 × 10}/{100})$$ = Rs.2500.

Ans: C

Annual dividend on 800 shares = Rs.$$({800 × 50 × 6} / {100})$$ = Rs. 2400

Annual interest on 600 debentures = Rs.$$({600 × 100 × 12} / {100})$$ = Rs. 7200

Total annual income of Siva = Rs.(2400 + 7200) = Rs.9600

Total investment of Siva = Rs.(800 × 50 + 600 × 100)

= Rs.(40000 + 60000)

= Rs.100000

∴ Rate of return = $$({9600} / {100000} × 100)$$% = 9.6%.

Ans: A

Let investment in each case be Rs.(143 × 11).

Income in 1^st case = Rs.$$({11}/{143} × 143 × 117)$$ = Rs.1287.

Income in 2^nd case = Rs.$$({39} / {4 × 117} × 143 × 117)$$ = Rs.1394.25.

Clearly, $$9{3}/{4}$$% stock at 117 is better.

Ans: C

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 of an investment of Rs.$$(100 × {2}/{25} × 5)$$ = Rs.40.

∴ Cost of 1 share = Rs.40.

Ans: C

Stock purchases by investing Rs.28500 in 5% stock at 95

= Rs.$$({100}/{95} ×28500)$$ = Rs.30000

Money realized by selling Rs.15000 stock market valye of Rs.98

= Rs.$$({98}/{100} × 15000)$$ = Rs.14700

Remaining stock = Rs.(30000 - 15000) = Rs.15000

∴ Total money realized = Rs.$$(14700 + 13500)$$ = Rs.28200.

Money invested = Rs.28500

∴ Loss = Rs.(28500 - 28200) = Rs.300