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Aptitude Stocks Practice Q&A-Easy

3129.In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Rs. 3100
Rs. 6240
Rs. 6500
Rs. 9600
Explanation:

To obtain Rs. 10, investment = Rs. 96.

To obtain Rs. 650, investment = Rs.$ \left(\dfrac{96}{10} \times 650\right) $= Rs. 6240.
3130.A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
7.5%
8%
9.7%
None of these
Explanation:

By investing Rs. 1552, income = Rs. 128.

By investing Rs. 97, income = Rs.$ \left(\dfrac{128}{1552} \times 97\right) $= Rs. 8.

$\therefore$ Dividend = 8%

3139.A 12% stock yielding 10% is quoted at:
Rs. 83.33
Rs. 110
Rs. 112
Rs. 120
Explanation:

To earn Rs. 10, money invested = Rs. 100.

To earn Rs. 12, money invested = Rs.$ \left(\dfrac{100}{10} \times 12\right) $= Rs. 120.

$\therefore$ Market value of Rs. 100 stock = Rs. 120.

3140.By investing in 16$ \dfrac{2}{3} $% stock at 64, one earns Rs. 1500. The investment made is:
Rs. 5640
Rs. 5760
Rs. 7500
Rs. 9600
Explanation:
To earn Rs.$ \dfrac{50}{3} $, investment = Rs. 64.
To earn Rs. 1500, investment = Rs.$ \left(64 \times\dfrac{3}{50} \times 1500\right) $= Rs. 5760.
3141.Find the income on 7$\dfrac{1}{2}$ % stock of Rs. 2000 purchased at Rs. 80.
Rs.6
Rs.160
Rs.148
Rs.150
Explanation:

Face Value of the stock = Rs.2000

Dividend is 7 $\dfrac{1}{2}$% = $\dfrac{15}{2}$% of the face value

Dividend = $\dfrac{2000 \times 15 }{2 \times 100}$ = Rs.150

44254. If the company X having face value of Rs.10 is now traded at a discount of Rs.2.Find market value?
8
6
4
2
Explanation:

Face value of a company X is Rs.10

Traded at a discount of Rs.2

The market value of X now is (Rs.10 – Rs.2) = Rs.8

44255.Find the number of shares that can be bought for Rs.8200 if the market value is Rs.20 each with brokerage being 2.5%.
450
400
550
500
Explanation:

Cost of each share = (20 + 2.5% of 20) = Rs.20.5

Therefore, number of shares = 8200/20.5 = 400

44256.What is the investment made if one invests in 15% stock at 50 and earns Rs.2000?
8000
7000
6000
5000
Explanation:

To earn Rs.15, investment = Rs.50.

Hence, to earn Rs.1500, investment = (1500*50)/15

= Rs.5000

44257.A company pays 12.5% dividend to its investors. If an investor buys Rs.50 shares and gets 25% on investment, at what price did the investor buy the shares?
25
30
35
40
Explanation:

Dividend on 1 share = (12.5 * 50)/100 = Rs.6.25

Rs.25 is income on an investment of Rs.100

Rs.6.25 is income on an investment of Rs. (6.25 * 100)/25 = Rs.25

44258.The cost price of a Rs. 100 stock at 4 discount, when brokerage is $\dfrac{1}{4}$ % is
Rs. 96
Rs. 96.25
Rs. 96.75
Rs. 97
Explanation:

Cost Price=$Rs.\left(100-4+\dfrac{1}{4}\right)$

=Rs.96.25

44259.By investing in 16% stock at 64, one earns Rs. 1500. The investment made is:
Rs. 5760
Rs. 7760
Rs. 8760
Rs. 9760
Explanation:

To earn $Rs. \dfrac{50}{3},investment $

= Rs.64

To earn Rs. 1500, investment =$Rs.\left(64\times\dfrac{3}{50}\times1500\right)$

=Rs.5760

44260.In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
Rs.6240
Rs.7240
Rs.8240
Rs.9240
Explanation:

To obtain Rs. 10, investment = Rs. 96.

To obtain Rs. 650, investment =$Rs.\left(\dfrac{96}{10}\times650\right)$

=Rs.6240

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