# Stocks and Shares Question & Answers

## Stocks and Shares

Quantitative aptitude questions are asked in many competitive exams and placement exam. 'Stocks and Shares' is a category in Quantitative Aptitude. Quantitative aptitude questions given here are extremely useful for all kind of competitive exams like Common Aptitude Test (CAT), MAT, GMAT, IBPS Exam, CSAT, CLAT, Bank Competitive Exams, ICET, UPSC Competitive Exams, CLAT, SSC Competitive Exams, SNAP Test, KPSC, XAT, GRE, Defense Competitive Exams, L.I.C/ G. I.C Competitive Exams, Railway Competitive Exam, TNPSC, University Grants Commission (UGC), Career Aptitude Test (IT Companies) and etc., Government Exams etc.

We have a large database of problems on "Stocks and shares" answered with explanation. These will help students who are preparing for all types of competitive examinations.

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

 A) Rs.95.75 B) Rs.96 C) Rs.96.25 D) Rs.104.25

Explanation:

CP. =$\inline Rs.(100-4+\frac{1}{4})$ = Rs.96.25

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

6

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

Explanation:

Number of shares = $\inline \left ( \frac{14400}{120} \right )$=120.

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

Annual income = $\inline Rs.\left ( \frac{5}{100}\times 12000 \right )$ = Rs. 600

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

8

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

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.

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

7

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

Explanation:

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

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

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

Subject: Stocks and Shares - Quantitative Aptitude - Arithmetic Ability

9

Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discount (brokerage $\inline \frac{1}{4}$ %)

 A) 2000 B) 2298 C) 2290 D) 2289

By selling Rs. 100 stock , cash realised = $\inline Rs.[(100-4)-\frac{1}{4}]=Rs.\frac{383}{4}$
By selling Rs. 2400 stock, cash realised =$\inline Rs.(\frac{383}{4}\times \frac{1}{100}\times 2400)$ = Rs 2298.