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Q:

66 cubic centimetres of silver is drawn into a wire 1 mm in diameter. The length of the wire in metres will be:

A) 84 B) 90
C) 168 D) 336
 
Answer & Explanation Answer: A) 84

Explanation:

Let the length of the wire be h. 

Radius  r =1/2 mm = 1/20 cm  

πr2h = 66  

=> h= (66 x 20 x 20) x (7/22) = 8400cm = 84m 

 

 

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Q:

A 6% stock yields 8%. The market value of the stock is:

A) 70 B) 76
C) 75 D) 80
 
Answer & Explanation Answer: C) 75

Explanation:

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

 

For an income of Rs. 6, investment = Rs.1008*6= Rs. 75.

 

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

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Filed Under: Stocks and Shares

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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Filed Under: Stocks and Shares

Q:

Example:$800 is invested at 7% for 6 years.Find the interest compounded anually?

A) 400.58 B) 300.58
C) 200.58 D) 100.58
 
Answer & Explanation Answer: A) 400.58

Explanation:

M=P(1+i)^n

 

I=M-P

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Q:

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 12 . The rate of interest obtained is:

A) 13% B) 12
C) 15% D) 16%
 
Answer & Explanation Answer: C) 15%

Explanation:

Investment = Rs. [20 x (50 - 5)] = Rs. 900. 

 

Face value = Rs. (50 x 20) = Rs. 1000.

 

Dividend   = Rs.272*1000100=Rs.135 

 

Interest obtained = 135900*100 % = 15%

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Filed Under: Stocks and Shares

Q:

The probability that a card drawn at random from the pack of playing cards may be either a queen or an ace is:

A) 9/13 B) 11/13
C) 2/13 D) None of these
 
Answer & Explanation Answer: C) 2/13

Explanation:

Number of queen cards = 4

Number of ace cards = 4

 P(either a queen or ace) = 4/52 + 4/52= 8/52 = 2/13

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Filed Under: Probability

Q:

In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:

A) 3100 B) 6240
C) 6500 D) 9600
 
Answer & Explanation Answer: B) 6240

Explanation:

To obtain Rs. 10,  investment = Rs. 96.

 

To obtain Rs. 650, investment = Rs.96*65010 = Rs. 6240.

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Filed Under: Stocks and Shares

Q:

If an unbiased dice is rolled once, the odds in favour of getting a point which is multiple of 3 is:

A) 1/2 B) 2/1
C) 1/3 D) 3/1
 
Answer & Explanation Answer: C) 1/3

Explanation:

Total number =6

Getting a 'multiple of 3' = 2 . So, probability = 2/6 =1/3

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Filed Under: Probability