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Q:

Find the cost of 96 shares of Rs. 10 each at 34 discount, brokerage being 1/4 per share.

A) 912 B) 921
C) 920 D) 900
 
Answer & Explanation Answer: A) 912

Explanation:

Cost of 1 share  =Rs.10-34+14=Rs192  

 

Cost of 96 shares  = Rs.192*96 = Rs. 912.

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Filed Under: Stocks and Shares

Q:

Find the annual income derived by investing Rs. 6800 in 10% stock at 136.?

A) 250 B) 1500
C) 500 D) 50
 
Answer & Explanation Answer: C) 500

Explanation:

By investing Rs. 136, income obtained = Rs. 10.

 

By investing Rs. 6800, income obtained = Rs.1036×6800 = Rs. 500.

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Filed Under: Stocks and Shares

Q:

Find the cash realised by selling Rs. 2440, 9.5% stock at 4 discount (brokerage 1/4 %)

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

Explanation:

By selling Rs. 100 stock , cash realised = Rs.100-4-14=Rs.3834  

 

By selling Rs. 2400 stock, cash realised =Rs.3834*1100*2400 = Rs 2298.

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Filed Under: Stocks and Shares

Q:

Find the annual income derived from Rs. 2500, 8% stock at 106?

A) 100 B) 200
C) 150 D) 250
 
Answer & Explanation Answer: B) 200

Explanation:

Income from Rs. 100 stock = Rs. 8.

 

Income from Rs. 2500 stock = Rs8100*2500 = Rs. 200.

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Filed Under: Stocks and Shares

Q:

Find the cost of Rs. 6400, 10% stock at 15 discount?

A) 2000 B) 5440
C) 6000 D) 5140
 
Answer & Explanation Answer: B) 5440

Explanation:

Cost of Rs. 100 stock   = Rs. (100-15)

 

Cost of Rs. 6400 stock = Rs.85100*6400 = Rs. 5440.

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Filed Under: Stocks and Shares

Q:

Find the cost of Rs. 4500, 8.5% stock at 4 premium?

A) 1400 B) 5000
C) 4000 D) 4680
 
Answer & Explanation Answer: D) 4680

Explanation:

Cost of Rs. 100 stock  = Rs. (100+4) = Rs.104

 

Cost of Rs. 4500 stock =Rs.104100×4500 = Rs. 4680

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Filed Under: Stocks and Shares

Q:

A family consists of six members P, Q, R, X, Y and Z. Q is the son of R but R is not mother of Q. P and R are a married couple. Y is the brother of R. X is the daughter of P. Z is the brother of P. Which is a pair of brothers ? 

A) P and X B) P and Z
C) Q and X D) R and Y
 
Answer & Explanation Answer: D) R and Y

Explanation:

Q is the son of R but R is not the mother. So, R is the Father of Q. P is married to R 

So, P is the wife of R and the mother of Q, X is the daughter of P and hence of R and so she is the Sister of Q, Y is the brother of R and Z is the brother of P. 

Clearly. Y is brother of R who is a male. So, Y and R are a pair of brothers  

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Filed Under: Blood Relations

Q:

Two unbiased coin are tossed. What is the probability of getting atmost one head?

A) 1/2 B) 3/2
C) 1/6 D) 3/4
 
Answer & Explanation Answer: D) 3/4

Explanation:

Here, S={HH,HT,TH,TT}
Let E be the event of getting one head
E={TT,HT,TH}
P(E )= n(E)/n(S) =3/4

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Filed Under: Probability