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Aptitude - Stocks and Shares

Exercise : Stocks and Shares - General Questions
11.
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
7.5%
8%
9.7%
None of these
Answer: Option
Explanation:

By investing Rs. 1552, income = Rs. 128.

By investing Rs. 97, income = Rs. 128 x 97 = Rs. 8.
1552

Dividend = 8%

12.
A 12% stock yielding 10% is quoted at:
Rs. 83.33
Rs. 110
Rs. 112
Rs. 120
Answer: Option
Explanation:

To earn Rs. 10, money invested = Rs. 100.

To earn Rs. 12, money invested = Rs. 100 x 12 = Rs. 120.
10

Market value of Rs. 100 stock = Rs. 120.

13.
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being %, is:
Rs. 108.25
Rs. 112.20
Rs. 124.75
Rs. 125.25
Answer: Option
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

For a Rs. 100 stock, investment = Rs. 125.

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
Rs. 95.75
Rs. 96
Rs. 96.25
Rs. 104.25
Answer: Option
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?
Rs. 4000
Rs. 4500
Rs. 5500
Rs. 6000
Answer: Option
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

5x + 72000 - 6x = 1360 x 50

x = 4000.

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