Stocks and Shares | Aptitude Questions and Answers | Aptitude Free Online-Tests | LucentBlackBoard

01.

A man transfers his stock of Rs. 7600 from 5% at 105 to 4 ½ %. Thus he loses Rs. 2. Find the market value of the other stock.

A.	Rs. 80	B.	Rs. 105
C.	Rs. 95	D.	Rs. 96

Answer and Explanation

Answer: Rs. 95

Explanation:
let the market value of the other stock be Rs. X
=> 7600(5) / 100 – 7600(105/100x) * 4.5 = 2
=> x = Rs. 95

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02.

The cost price of a Rs 100 stock at 4 discount, when brokerage is ¼ % is

A.	Rs 95.75	B.	Rs 96
C.	Rs 96.25	D.	Rs 104.25

Answer and Explanation

Answer: Rs 96.25

Explanation:
CP = Rs (100 – 4 + ¼) = Rs 96.25

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03.

The cash realized on selling 14% of stock at Rs 106.25, brokerage being ¼% is

A.	Rs 105. 50	B.	Rs 106
C.	Rs 106.50	D.	Rs 113.75

Answer and Explanation

Answer: Rs 106

Explanation:
Cash realized = Rs (106 .25 – 0.25) = Rs 106

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04.

How many shares of market value Rs 25 each can be purchased for Rs 12,500, brokerage being 2%?

A.	450	B.	500
C.	550	D.	600

Answer and Explanation

Answer: 500

Explanation:
CP of each share = Rs (25 + 2% of 25) = Rs 25.50
Hence, Number of shares = (12750/25.50) = 500

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05.

A man invests in a 16% stock at 128. The interest obtained by him is

A.	8%	B.	12%
C.	12.5%	D.	16%

Answer and Explanation

Answer: 12.5%

Explanation:
By investing Rs 128, income derived = Rs 16
By investing Rs 100, income derived = Rs (16/128 * 100) = Rs 12.5
Hence, Interest obtained = 12.5%

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06.

A man invested Rs 4,455 in Rs 10 shares and quoted Rs 8.25. If the rate of dividend be 12%, his annual income is

A.	Rs 207.40	B.	Rs 534.60
C.	Rs 648	D.	Rs 655.60

Answer and Explanation

Answer: Rs 648

Explanation:
No. of shares = (4455/8.25) = 540
Face value = Rs (540 * 10) = 5400
Annual income = Rs (12/100 * 5400) = Rs 648

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07.

A man invested Rs 14,400 in Rs 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get?

A.	Rs 500	B.	Rs 600
C.	Rs 650	D.	Rs 720

Answer and Explanation

Answer: Rs 600

Explanation:
No. of Shares = (14400/120) = 120
Face value = Rs (100 * 120 ) = Rs 12000
Annual income = Rs (5/100 * 12000) = Rs 600

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08.

A 6% stock yields 8%. The market value of the stock is

A.	Rs 48	B.	Rs 75
C.	Rs 96	D.	Rs 133.33

Answer and Explanation

Answer: Rs 75

Explanation:
For an income of Rs 8, investment = Rs 100
For an income of Rs 6, investment = Rs (100/8 * 6) = Rs 75
Hence, market value of Rs 100 stock = Rs 75