Stocks and Shares Quiz Set 001

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Question 1

Mr. P buys Rs. 312 shares which pay 10% dividend. If he gets 13% on his investment, at what price did he buy the shares?

 A

Rs. 240.

 B

Rs. 250.

 C

Rs. 230.

 D

Rs. 260.

Soln.
Ans: a

Income on 1 share = $10/100$ × 312 = $3120/100$. Rs. 13 is an income on investment of Rs. 100. So, Rs. $3120/100$ will be earned on an investment of Rs. $100/13$ × $3120/100$ = Rs. 240.


Question 2

Rs. R1 are invested in 3% stock at Rs. 90, and R2 is invested in 6% stock at Rs. 75. If the dividends are equal then the ratio of R1 and R2 is?

 A

12:5.

 B

13:5.

 C

12:6.

 D

15:10.

Soln.
Ans: a

Return from investing R1 is $3/90$ × R1. If it equals return from R2, $3/90$ × R1 = $6/75$ × R2. So, R1/R2 = $6/75$ × $90/3$ = 12:5.


Question 3

Rs. 21600 is invested in Rs. 14 shares having a market rate of Rs. 24. If the dividend on the shares is 11%, what is the total income?

 A

Rs. 1386.

 B

Rs. 1486.

 C

Rs. 1286.

 D

Rs. 1586.

Soln.
Ans: a

The total number of shares is 21600/24 = 900. Return for 1 share is $11/100$ × 14. Return for 900 shares = $11/100$ × 14 × 900 = Rs. 1386.


Question 4

What will be my annual income if I invest Rs. 6300 in a 14% stock at Rs. 126?

 A

Rs. 700.

 B

Rs. 800.

 C

Rs. 600.

 D

Rs. 900.

Soln.
Ans: a

The required income is $14/126$ × 6300 = Rs. 700.


Question 5

An investor buys Rs. 80 shares in a company that pays 4% dividend. If his investment is such that it is getting him an interest of Rs. 2%, for how much did he buy each share?

 A

Rs. 160.

 B

Rs. 170.

 C

Rs. 175.

 D

Rs. 180.

Soln.
Ans: a

If he bought each share at Rs. x, then his income is $2/100$ × x = 80 × $4/100$, solving, we get x = Rs. 160.


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This Blog Post/Article "Stocks and Shares Quiz Set 001" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2017-04-07.

Posted by Parveen(Hoven),
Aptitude Trainer


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