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Q:

A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of :

A) Rs.80	B) Rs.115.20
C) Rs.120	D) Rs.125.40

Answer & Explanation Answer: B) Rs.115.20

Explanation:

For an income of Rs. 10, investment = Rs. 96.

For an income of Rs. 12, investment = Rs. (96/10)*12 = Rs. 115.20.

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Filed Under: Stocks and Shares

Q:

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $\frac{1}{4}$ % is :

A) Rs.108.25	B) Rs.112.20
C) Rs.124.75	D) Rs.125.25

Answer & Explanation Answer: C) Rs.124.75

Explanation:

For an income of Rs.756, investment = Rs.9000

For an income of Rs. $\frac{21}{2}$ , investment = $R s . (\frac{9000}{756} * \frac{21}{2})$ = Rs.125

For a Rs.100 stock, investment = Rs.125.

Market value of Rs. 100 stock = $R s . (125 - \frac{1}{4})$ = Rs. 124.75

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Filed Under: Stocks and Shares

Q:

Journalist's Day was celebrated for the first time all over the country on

A) Oct 1,1984	B) Oct 8,1984
C) Oct 20,1984	D) Oct 28,1984

Answer & Explanation Answer: D) Oct 28,1984

Explanation:

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Filed Under: Important Days and Years

Q:

The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $\frac{1}{4}$ %, is :

A) RS.105.50	B) RS.106
C) RS.106.50	D) RS.113.75

Answer & Explanation Answer: B) RS.106

Explanation:

Cash realised = Rs. (106.25 - 0.25) = Rs. 106.

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Filed Under: Stocks and Shares

Q:

The cost price of a Rs.100 stock at 4 discount, when brokerage is $\frac{1}{4}$ % 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. = $R s . (100 - 4 + \frac{1}{4})$ = Rs.96.25

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Filed Under: Stocks and Shares

Q:

A person was asked to state his age in years. His reply was , "Take my age 3 years hence, multiply it by 3 and subtract 3 times my age 3 years ago and you will know how old I am." What was the age of the person ?

A) 18	B) 20
C) 24	D) 30

Answer & Explanation Answer: A) 18

Explanation:

Let the present age of person be x years.

Then, 3(x + 3) - 3(x - 3 ) = x <=> (3x + 9) - (3x - 9) = x <=> x = 18..

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Filed Under: Decimal Fractions

Q:

What will come in place of question mark in the following equation ?

54.(?)3 + 543 + 5.43 = 603.26

A) 6	B) 1
C) 9	D) 8

Answer & Explanation Answer: D) 8

Explanation:

Let x + 543 + 5.43 = 603.26. Then, x = 603.26 - (543 + 5.43) = 603.26 - 548.43 =54.83

Missing digit = 8..

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Filed Under: Decimal Fractions

Q:

When 0.36 is written in simplest form, the sum of the numerator and the denominator is :

A) 15	B) 34
C) 64	D) 13

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