Stocks and Shares


  1. Find what sum of money 1 must invest in a 10 per cent stock at 102 to obtain an income of Rs. 400 per year ?
    1. Rs. 4800
    2. Rs. 8040
    3. Rs. 4080
    4. Rs. 8400

  1. View Hint View Answer Discuss in Forum

    400 = (Ans / 102) x 10
    or Ans = (102 x 400) / 10

    Correct Option: C

    400 = (Ans / 102) x 10
    or Ans = (102 x 400) / 10
    ∴ Ans = 102 x 40 = Rs. 4080


  1. What rate % is obtained by investing in 7% at 5 discount ? (Brokerage 1/4 %)
    1. 7.35%
    2. 7.55%
    3. 7.05%
    4. 8%

  1. View Hint View Answer Discuss in Forum

    Required answer = [7 / (100 - 5 + 0.25)] x 100

    Correct Option: A

    Required answer = [7 / (100 - 5 + 0.25)] x 100 = 7.349
    = 7.35% (Approx. )



  1. How much stock must be sold to realize Rs. 7350 from a stock at 105 ?
    1. Rs. 7500
    2. Rs. 6920
    3. Rs. 7000
    4. Rs. 6400

  1. View Hint View Answer Discuss in Forum

    7350 = (Amount of stock x 105 + 0) / 100

    Correct Option: C

    7350 = (Amount of stock x 105 + 0) / 100
    ∴ Amount of stock = (7350 x 100) / 105 = Rs. 7000


  1. How much money is obtained from the sale of Rs. 1700 stock at 1061/4% ?
    1. Rs. 1806.25
    2. Rs. 1608.25
    3. Rs. 1808.75
    4. None of these

  1. View Hint View Answer Discuss in Forum

    Required answer = [(1700 x 425) / 4] x 100

    Correct Option: A

    Required answer = [(1700 x 425) / 4] x 100
    = Rs. 1806.25



  1. Find the cost of 96 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 per share ?
    1. Rs. 912
    2. Rs. 812
    3. Rs. 712
    4. None of these

  1. View Hint View Answer Discuss in Forum

    Required answer = 96(10 - 3/4 + 1/4)

    Correct Option: A

    Required answer = 96(10 - 3/4 + 1/4) = Rs. 912