Stock and Share – Aptitude Questions and Answers | Latest Online Stock and Share MCQ Aptitude Test
Stock and Share – Aptitude Questions and Answers | Online Stock and Share MCQ Aptitude Test Quiz Name Stock and Share Category Online Aptitude Test Number ... Read more
Stock and Share – Aptitude Questions and Answers | Online Stock and Share MCQ Aptitude Test
Quiz Name
Stock and Share
Category
Online Aptitude Test
Number of Questions
15
Time
30 Minutes
Exam Type
MCQ (Multiple Choice Questions)
1. To earn Rs. 650 from a 10% stock at Rs. 96, one needs make the following investment: a. Rs. 3100 b. Rs. 6240 c. Rs. 6500 d. Rs. 9600
Answer: B
Explanation: To get Rs. 10, you’ll need to invest Rs. 96.Investment = Rs. 96/10 x 650 = Rs. 6240 to gain Rs. 650.
2. To get Rs. 10, you’ll need to invest Rs. 96.Investment = Rs. 96/10 x 650 = Rs. 6240 to gain Rs. 650. a. 12 1/2% b. 13 1/2% c. 15% d. 16 2/3%
Answer: C
Explanation: [20 x (50 – 5)] Equals Rs. 900 as an investment.The face value of the note is Rs. (50 x 20) Equals Rs. 1000. Dividend = Rs. 27/2 x 1000/100 = Rs. 135.Obtaining interest = 135/900x 100 percent = 15%
3. Which is the better investment: an 11% stock at 143 or a 9% stock at 117? a. 11% stock at 143 b. 9 3/4% stock at 117 c. Both are equally good d. Cannot be compared, as the total amount of investment is not given.
Answer: B
Explanation: Let’s say each case’s investment is Rs (143 x 117).the first example, income equals Rs. 11/143 x 143 x 117 = Rs. 1287.In the second example, the income is Rs. 39/4 x 117 × 143 x 117 = Rs. 1394.25.Obviously, a 9 3/4 percent stock at 117 is preferable.
4. A guy invests Rs. 20 in shares that offer a 9% dividend. The man desires a 12-percentage-point return on his investment. Each share has a market value of: a. Rs. 12 b. Rs. 15 c. Rs. 18 d. Rs. 21
Answer: B
Explanation: Rs. 20 dividend = Rs. 9/100 x 20 = Rs. 9/5,On a hundred rupees, Rs. 12 is a profit.An revenue of Rs. 9/5 is equal to Rs. 100/12 x 9/5 = Rs. 15.
5. One can gain Rs. 1500 by buying in a 16 percent stock at 64. The following is the return on investment: a. Rs. 5640 b. Rs. 5760 c. Rs. 7500 d. Rs. 9600
Answer: B
Explanation: Investment = Rs. 64 to get Rs. 50/3.Investment = Rs. 64 x 3/50x 1500 = Rs. 5760 to earn Rs. 1500.
6. A 6-percentage-point stock produces an 8-percentage-point yield. The stock’s current market value is: a. Rs. 48 b. Rs. 75 c. Rs. 96 d. Rs. 133.33
Answer: B
Explanation: Investment = Rs. 100 for an income of Rs. 8.Investment = Rs. 100/8x 6 = Rs. 75 for a Rs. 6 income.A stock worth Rs. 100 has a market value of Rs. 75.
7. A guy put Rs. 4455 into Rs. 10 shares that were trading at Rs. 8.25. If the dividend rate is 12%, his yearly income will be: a. Rs. 207.40 b. Rs. 534.60 c. Rs. 648 d. Rs. 655.60
Answer: C
Explanation: 540 = 4455/8.25 = 4455/8.25 = 4455/8.25= 4455/8.25= 4455/8.25=The face value is Rs. 5400 (540 x 10)=12/100 x 5400 = Rs. 648 in annual income.
8. To get an equivalent quantity of income, Rs. 9800 is invested in 9 percent stock at 75 percent and 10% stock at 80 percent. The following is the return on a 9 percent stock investment: a. Rs. 4800 b. Rs. 5000 c. Rs. 5400 d. Rs. 5600
Answer: B
Explanation: Let’s say you invested Rs. x in a 9% stock.Then, a 10% stock investment equals Rs (9800 – x).x = 10/80 x = 9/75 x (9800 – x),9800 – x/8 = 3x/25,9800 x 25 – 25x = 24x,9800 x 25 = 49x,x equals 5000.
9. A guy puts half of his money in a 9 percent stock at 96 percent and the rest in a 12 percent stock at 120 percent. He must invest the money in the following ratio to receive equal profits from both: a. 3:4 b. 3:5 c. 4:5 d. 16:5
Answer: D
Explanation: Investment = Rs. 96/9= Rs. 32/3 for a Re. 1 in 9 percent shares at 96.Investment = Rs. 120 /12 = Rs. 10 for an income of Re. 1 in 12 percent shares at 120.Investment ratio = 32/3 : 10 = 32 : 30 = 16 : 15.
10. Michael gets Rs. 135, by investing Rs. 1620 in an 8% stock. The stock is then traded at the following price: a. Rs. 80 b. Rs. 96 c. Rs. 106 d. Rs. 108
Answer: B
Explanation: To earn Rs. 135, you’ll need to invest Rs. 1620.Investment = Rs. 1620/135x 8= Rs. 96 to earn Rs. 8.The market value of a stock worth Rs. 100 is Rs. 96.
11. A guy put Rs. 1552 in a stock at 97 and earned Rs. 128 in return. The stock’s dividend is as follows: a. 7.5% b. 8% c. 9.7% d. None of these
Answer: B
Explanation: Income equals Rs. 128 after investing Rs. 1552.Income = Rs.128/1552 x 97 = Rs.8 by investing Rs.97.8
12. A 12-percentage-point stock with a 10-percentage-point yield is valued at: a. Rs. 83.33 b. Rs. 110 c. Rs. 112 d. Rs. 120
Answer: D
Explanation: To earn Rs. 10, you’ll need to invest Rs. 100.Money invested = Rs.100/10x 12 = Rs.120 to earn Rs.12.The market value of a stock worth Rs. 100 is Rs. 120.
13. The market value of a 10.5 percent stock, in which an investment of Rs. 9000 yields an income of Rs. 756, with a brokerage of percent, is: a. Rs. 108.25 b. Rs. 112.20 c. Rs. 124.75 d. Rs. 125.25
Answer: C
Explanation: For a salary of Rs. 756, the investment would be Rs. 9000.Investment = Rs. 9000/756x 21= Rs. 125 for a Rs. 21/2 income.Investment = Rs. 125 for a stock worth Rs. 100.The market value of a stock worth Rs. 100 is Rs. 125 – 1/4 = Rs. 124.75.
14. When brokerage is 1%, the cost price of a Rs. 100 stock at a 1/4 discount is: a. Rs. 95.75 b. Rs. 96 c. Rs. 96.25 d. Rs. 104.25
Answer: C
Explanation: C.P. Rs. 96.25 = Rs. 100 – 4 + 1/4
15. Sakshi invests a portion of her Rs. 12,000 in 12% stock at Rs. 120 and the rest in 15% stock at Rs. 125. How much does he invest in a 12 percent stock at Rs. 120 if his total dividend per year is Rs. 1360? a. Rs. 4000 b. Rs. 4500 c. Rs. 5500 d. Rs. 6000
Answer: A
Explanation: Let’s say you invested Rs. x in a 12 percent stock.Then, a 15% stock investment equals Rs (12000 – x).1360 = 12/120 X x + 15/125 x (12000 – x).1360 = x/10 + 3/25(12000 – x).1360 x 50 = 5x + 72000 – 6x,4000 is the value of x.
