Aptitude Stocks and Shares Test Paper 111) A man invested Rs. 5820 in 5% stock at 95 and sold it when the price rose to Rs. 107. He invested the sale proceeds in 8% stock at 88. What is the change in man?s income if the Brokerage is Rs. 2?
Answer: D Explanation: Purchase price of the first stock = Rs. 95 + Rs. 2 = Rs. 97 12) A company issued 25000 shares of par value Rs. 15 each. If the company has decided to give the dividend Rs. 30000, what is the rate of dividend paid by the company?
Answer: B Explanation: Number of shares = 25000 Face value of each share = Rs. 15 Let R is the rate of interest. Dividend per share = 15 * Total dividend = 25000 * 15 * As per the question: 25000 * 15 * = 30000 R = = 8 So, the dividend is 8%. 13) Raman invested Rs. 347200 in 5% stocks at 120. If the brokerage is Rs. 2, find his annual income from his investment.
Answer: C Explanation: Investment = Rs. 347200 14) What is the income on 9% stock of Rs. 1500 purchased at Rs. 110?
Answer: A Explanation: The face value = Rs. 1500 15) A company decided to pay a semiannual dividend of 9%. Find the annual income of Ram owing 2500 shares of the company with a par value of Rs. 15 each.
Answer: B Explanation: The face value is given Rs. 15 Aptitude Stocks and Shares Test Paper 1 Aptitude Stocks and Shares Test Paper 2 Aptitude Stocks and Shares Test Paper 4
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