Aptitude - Stocks and Shares
Overview Exercise "When ambition ends, happiness begins."
- (Proverb)
11.
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
Answer: C
Explanation:
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs.
128
x 97
= Rs. 8.
1552
12.
A 12% stock yielding 10% is quoted at:
A. Rs. 83.33 B. Rs. 110 C. Rs. 112 D. Rs. 120
Answer: B
Explanation:
To earn Rs. 10, money invested = Rs. 100.
To earn Rs. 12, money invested = Rs.
100
x 12
= Rs. 120.
10
13.
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being
A. Rs. 108.25 B. Rs. 112.20 C. Rs. 124.75 D. Rs. 125.25
Answer: B
Explanation:
For an income of Rs. 756, investment = Rs. 9000.
For an income of Rs.
21
, investment = Rs.
9000
x
21
= Rs. 125.
2
756
2
Market value of Rs. 100 stock = Rs.
125 -
1
= Rs. 124.75
4
14.
The cost price of a Rs. 100 stock at 4 discount, when brokerage is
1
%
is:
4
A. Rs. 95.75 B. Rs. 96 C. Rs. 96.25 D. Rs. 104.25
Answer: B
Explanation:
C.P. = Rs.
100 - 4 +
1
= Rs. 96.25
4
15.
Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A. Rs. 4000 B. Rs. 4500 C. Rs. 5500 D. Rs. 6000
Answer: E
Explanation:
Let investment in 12% stock be Rs. x .
Then, investment in 15% stock = Rs. (12000 - x ).
12
x x +
15
x (12000 - x ) = 1360.
120
125
x +
3
(12000 - x ) = 1360.
10
25
x + 72000 - 6x = 1360 x 50
x = 4000.
Dividend = 8%
%, is:
