Stocks And Shares - Aptitude MCQ Questions and Solutions with Explanations Page-2 section-1

11.
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

A. 7.5%

B. 8%

C. 9.7%

D. None of these

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12.
A 12% stock yielding 10% is quoted at:

A. Rs. 83.33

B. Rs. 110

C. Rs. 112

D. Rs. 120

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13.
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $$\frac{1}{4}$$%, is:

A. Rs. 108.25

B. Rs. 112.20

C. Rs. 124.75

D. Rs. 125.25

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14.
The cost price of a Rs. 100 stock at 4 discount, when brokerage is $$\frac{1}{4}$$% is:

A. Rs. 95.75

B. Rs. 96

C. Rs. 96.25

D. Rs. 104.25

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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

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16.
Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $$14\frac{2}{7}\% $$ stock at 120 free from income tax ?

A. 12% stock

B. $$14\frac{2}{7}\ $$% stock

C. Both are equally good

D. Cannot be compound

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17.
The income derived from a Rs. 100, 13% stock at Rs. 105, is -

A. Rs. 5

B. Rs. 8

C. Rs. 13

D. Rs. 18

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18.
A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction ?

A. Rs. 95

B. Rs. 114

C. Rs. 132

D. None of these

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19.
The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $$\frac{1}{4}$$ %, is-

A. Rs. 105.50

B. Rs. 106

C. Rs. 106.50

D. Rs. 113.75

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20.
A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock at Rs. 110 which pays a dividend of 15%. How much does he gain or lose ?

A. Loses Rs. 48

B. Gains Rs. 48

C. Loses Rs. 132

D. Gains Rs. 132

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Stocks And Shares - Aptitude MCQ Questions and Solutions with Explanations

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 & Solution

12. A 12% stock yielding 10% is quoted at:

Answer & Solution

13. The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $$\frac{1}{4}$$%, is:

Answer & Solution

14. The cost price of a Rs. 100 stock at 4 discount, when brokerage is $$\frac{1}{4}$$% is:

Answer & Solution

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?

Answer & Solution

16. Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $$14\frac{2}{7}\% $$ stock at 120 free from income tax ?

Answer & Solution

17. The income derived from a Rs. 100, 13% stock at Rs. 105, is -

Answer & Solution

18. A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction ?

Answer & Solution

19. The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $$\frac{1}{4}$$ %, is-

Answer & Solution

20. A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock at Rs. 110 which pays a dividend of 15%. How much does he gain or lose ?

Answer & Solution

11.
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

12.
A 12% stock yielding 10% is quoted at:

13.
The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $$\frac{1}{4}$$%, is:

14.
The cost price of a Rs. 100 stock at 4 discount, when brokerage is $$\frac{1}{4}$$% is:

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?

16.
Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $$14\frac{2}{7}\% $$ stock at 120 free from income tax ?

17.
The income derived from a Rs. 100, 13% stock at Rs. 105, is -

18.
A retired man sells out Rs. 7500 of a 10% stock at Rs. 105.50 and invests the proceeds in 14% stock at Rs. 124.50. What is the change in income if he pays a service charge of 0.5% of the face value on each transaction ?

19.
The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $$\frac{1}{4}$$ %, is-

20.
A person has deposited Rs. 13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs. 100 stock at Rs. 110 which pays a dividend of 15%. How much does he gain or lose ?