Formulae
1. Stock purchased/sold = Investment × 100/Market Price
2. Investment/Cash required = Stock × Market Price/100
3. Income/Dividend = Stock × Rate/100
4. Stock purchased/sold = Income × 100/Rate%
5. Investment/Cash required = Income ×Market Price/Rate%
6. Income/Dividend = Investment × Rate/Market Price
Exercise : Stocks and Shares MCQ Questions and Answers
Question 1
Anu invested Rs. 32400 in 8% stock at 90. She sold out Rs. 18000 stock when the price rose to Rs 95 and the remaining stock at Rs.98. She invested the total sale proceeds in 10% stock at 96½. Find th
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Correct Answer : A. Rs.720
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Question 2
Find the annual income derived by investing Rs. 6800 in 10% stock at 136 :
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Correct Answer : A. Rs. 500
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Question 3
A company declared a semi-annual dividend of 12%. Find the annual dividend of Sam owing 2000 shares of the company having a par value of Rs. 10 each.
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Correct Answer : B. Rs.4800
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Question 4
Find the cost of 100 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 per share
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Correct Answer : A. 950
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Question 5
A man invests in a 4 stock at 96. The interest obtained by him is:
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Correct Answer : A. 4.69%
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Question 6
Find the cost of Rs. 7200, 8% stock at 90;
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Correct Answer : B. 6480
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Question 7
Find the purchase cost of 100 shares of Rs. 10 each at 3/8 discount brokerage being 1/8 per share
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Correct Answer : B. 975
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Question 8
Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15 % stock at Rs. 125. If his total dividend per annum is Rs. 1360,how much does he invest in 12 % stock at Rs. 120 ?
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Correct Answer : C. Rs. 4000
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Question 9
A 6 % stock yields 8 % . The market value of the stock is :
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Correct Answer : D. Rs. 75
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Question 10
Syam invests apart of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. It his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
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Correct Answer : D. 4000
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