@⇒ Aptitude ⇒ Stocks and Shares Multiple Choice Questions / Objective type questions, MCQ's, with question and answers, download free PDF, short cut notes, rapid fire notes, best theory

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Q1.	A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is :
A.	7.50% [Wrong Answer]
B.	8% [Correct Answer]
C.	9.70% [Wrong Answer]
D.	None of these. [Wrong Answer]
View Answer 1 -1 Explanation:- Answer : B Discuss it below : By investing Rs. 1552, income = Rs. 128. By investing Rs. 97, income = Rs.( ¹²⁸/₁₅₅₂ ^{X 97} ) = Rs. 8. So Dividend = 8%. Click here for more comments


Q2.	In order tg obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of
A.	Rs. 3100 [Wrong Answer]
B.	Rs. 6240 [Correct Answer]
C.	Rs. 6500 [Wrong Answer]
D.	Rs. 9600 [Wrong Answer]
View Answer 1 -1 Explanation:- Answer : B Discuss it below : Click here for more comments


Q3.	To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is :
A.	Rs. 10,000 [Correct Answer]
B.	Rs. 10,800 [Wrong Answer]
C.	Rs. 14,400 [Wrong Answer]
D.	Rs. 16,000 [Wrong Answer]
View Answer 2 -2 Explanation:- Answer : A Discuss it below : For an income of Rs. 12, stock needed = Rs. 100. For an income of Rs. 1200, stock needed = Rs.( ¹⁰⁰/₁₂ ^{X 1200} ) = Rs. 10,000. Click here for more comments


Q4.	A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ?
A.	Rs. 37.50 [Wrong Answer]
B.	Rs. 40 [Correct Answer]
C.	Rs. 48 [Wrong Answer]
D.	Rs 52 [Wrong Answer]
View Answer 1 -1 Explanation:- Answer : B Discuss it below : Dividend on 1 share = Rs. ( ¹⁰/₁₀₀ ^{X 50} ) = Rs. 5. Rs. 12.50 is an income on an investment of Rs. 100. Rs. 5 is an income on an investment of Rs, ( 100 X ²/₂₅ X 5 ) = Rs. 40. So Cost of 1 share = Rs. 40. Click here for more comments


Q5.	How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ?
A.	450 [Wrong Answer]
B.	500 [Correct Answer]
C.	550 [Wrong Answer]
D.	600 [Wrong Answer]
View Answer 1 -4 Explanation:- Answer : B Discuss it below : C.P. of each share = Rs. (25 + 2% of 25) = Rs. 25.50. So Number of shares = ¹²⁷⁵⁰/_25.50 = 500. Click here for more comments

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