Stocks and Shares Questions

Q:

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

A) Rs.95.75 B) Rs.96
C) Rs.96.25 D) Rs.104.25
 
Answer & Explanation Answer: C) Rs.96.25

Explanation:

CP. = = Rs.96.25

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7 3763
Q:

A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:

A) 12 B) 15
C) 18 D) 20
 
Answer & Explanation Answer: B) 15

Explanation:

Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.

Rs. 12 is an income on Rs. 100.

Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.

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7 2844
Q:

A man invested Rs. 14,400 in Rs. 100 shares of a company at 20% premium. If his 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 & Explanation Answer: B) Rs.600

Explanation:

Number of shares = =120.

Face value = Rs.(100 x 120) = Rs.12000.

Annual income =  = Rs. 600

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8 2772
Q:

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 & Explanation Answer: B) Rs.75

Explanation:

For an income of Rs. 8, investment = Rs. 100.

For an income of Rs 6, investment =Rs. \inline \left ( \frac{100}{8} \times 6\right ) = Rs. 75

Market value of Rs. 100 stock = Rs. 75.

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9 2688
Q:

Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discount (brokerage  %)

A) 2000 B) 2298
C) 2290 D) 2289
 
Answer & Explanation Answer: B) 2298

Explanation:

By selling Rs. 100 stock , cash realised = 

By selling Rs. 2400 stock, cash realised = = Rs 2298.

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