Aptitude - Stocks and Shares
1.
The cost price of a Rs. 100 stock at 4 discount, when brokerage is 0.25%, is
Answer
C.P. = Rs. (100 − 4 + 0.25) = Rs. 96.25
Answer :
Option BExplanation :
C.P. = Rs. (100 − 4 + 0.25) = Rs. 96.25
2.
Find the S.P. of Rs. 8000, 5% stock at 4 discount, brokerage 0.25%.
Answer
S.P. of Rs. 100 stock = Rs. {(100 − 4) − 0.25} = Rs. (96 − 0.25) = Rs. 95.75
S.P. of Rs. 8000 stock = Rs. [( 95.75 x 8000) ÷ 100] = Rs. 7660
Answer :
Option AExplanation :
S.P. of Rs. 100 stock = Rs. {(100 − 4) − 0.25} = Rs. (96 − 0.25) = Rs. 95.75
S.P. of Rs. 8000 stock = Rs. [( 95.75 x 8000) ÷ 100] = Rs. 7660
3.
Find the annual income from Rs. 3500, 6% stock at 106.
Answer
Annual income from Rs. 100 stock = Rs. 6.
Annual income from Rs. 3500 stock = Rs. [(6 x 3500) ÷ 100] = Rs. 2100.
Answer :
Option CExplanation :
Annual income from Rs. 100 stock = Rs. 6.
Annual income from Rs. 3500 stock = Rs. [(6 x 3500) ÷ 100] = Rs. 2100.
4.
A 4% stock yields 5%. The market value of the stock is :
Answer
If income is Rs. 5, investment = Rs. 100.
If income is Rs. 4, investment = Rs. 1005 x 4 = Rs. 80
Answer :
Option BExplanation :
If income is Rs. 5, investment = Rs. 100.
If income is Rs. 4, investment = Rs. 1005 x 4 = Rs. 80
5.
A man invested Rs. 3880 in a stock at 97 to obtain an income of Rs. 220. The dividend from the stock is :
Answer
If investment is Rs. 3880, income = Rs. 220.
If investment is Rs. 97, income = Rs. 2203880 x 97 = Rs. 5.50
∴ Dividend = 5.5%.
Answer :
Option CExplanation :
If investment is Rs. 3880, income = Rs. 220.
If investment is Rs. 97, income = Rs. 2203880 x 97 = Rs. 5.50
∴ Dividend = 5.5%.
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