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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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Q:

The United Nation declared 2006 as the International year of

A) Rice B) World Population
C) Communication D) Elderly Persons
 
Answer & Explanation Answer: A) Rice

Explanation:
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Q:

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being 14%  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.212, investment = Rs.9000756*212 = Rs.125 

 

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

 

Market value of Rs. 100 stock  = Rs.125-14 = Rs. 124.75

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Q:

1990 was declared as the SAARC year

A) Of shelter for the homeless B) Of girl child
C) Of mutual cooperation D) Against drug abuse
 
Answer & Explanation Answer: A) Of shelter for the homeless

Explanation:
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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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Q:

The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 14%, 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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Q:

When is the earth day celebrated

A) 1st January B) 30th April
C) 22nd April D) None of the above
 
Answer & Explanation Answer: C) 22nd April

Explanation:
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Q:

The cost price of a Rs.100 stock at 4 discount, when brokerage is 14% 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.100-4+14 = Rs.96.25

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