Stocks and Shares Mcqs

By investing Rs. 1620 in 8% stock, Maria earns Rs. 135. The stock is then quoted at:_________? A. 80B. 96 C. 106 D. 108 To earn Rs. 135, investment = Rs. 1620. To earn Rs. 8, investment = Rs. (1620/135) * 8= Rs.96. Market value of…

Find the annual income derived from Rs. 2500, 8% stock at 106. A. 100 B. 150C. 200 D. 250 Income from Rs. 100 stock = Rs. 8. Income from Rs. 2500 = Rs. [(8/1000*2500) =Rs. 200.

A man invests in a 16% stock at 128. The interest obtained by him is:____________? A. 16%B. 12.5% C. 8% D. 12% investing Rs. 128, income is = Rs. 16. investing Rs. 100, income is Rs. (16 *100/128) = 12.5…

Find the cash required to purchase Rs. 3200, 7(1/2) % stock at 107(brokerage (1/2) %). A. 3440 B. 4440 C. 5440 D. 6440 Cash required to purchase Rs. 100 stock = Rs (107+(1/2)) = Rs. (215/2). Cash required to purchase Rs. 100 stock…

The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1/4 % is:___________? A. Rs. 96 B. Rs. 95.75C. Rs. 96.25 D. Rs. 104.25 C.P.=Rs. 100 – 4 + 1/4 =Rs.96.25.

A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both he must invest the money in the ratio_________? A. 3:4 B. 3:5 C. 4:5D. 16:15 For an income of Re. 1 in 9% stock…

Find the cost of Rs. 6400, 10% stock at 15 discount. A. 5440 B. 5480 C. 6440 D. 6480 Cost of Rs. 100 stock = Rs. (100-15) Cost of Rs. 6400 stock = Rs. (85/100 * 6400 ) = Rs. 5440.

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:_________? A. Rs. 10800B. Rs. 10000 C. Rs. 14400 D. Rs. 16000 For an income of Rs. 12, stock needed = 100 For an income of Rs. 1200,…

A 6% stock yields 8%. The market value of the stock is___________? A. Rs.48B. Rs.75 C. Rs.96 D. Rs.133.33 For an income of Rs. 8,investments= Rs.100. For an income of Rs. 6,investments= Rs.(100/8×6) Market value of Rs.100 stock =…

A man buys Rs. 20 s paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each is:_________? A. 12B. 15 C. 18 D. 20 Dividend on Rs. 20 = Rs. (90/100)x 20 = Rs.9/5. Rs. 12 is an income on…