Stocks & Shares Practice Problems: Level 02

Q.1. A man invests Rs. 8,100 partly in 14% stock at 294 and partly in 12% stock at 288. If his income from both is the same, find his investment in the 14% stock.
A. Rs 4,320
B. Rs. 3,780
C. Rs. 2,700
D. Rs. 6,400
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Q.2. A man purchased 300 shares of the face value of Rs. 100 each from the market at Rs. 400 per share. If a dividend of 24% is declared, find his earning percent on the investment.
A. 2.4%
B. 3%
C. 6%
D. 8%
Q.3. How many shares of market value Rs. 25 can be purchased for Rs. 25250?
A. 1,000
B. 1,200
C. None of these
D. 1,010
Q.4. A man invested Rs. 6,600 when he bought Rs. 100 shares at Rs. 110. If 30% dividend is declared, find his annual income.
A. Rs. 1800
B. Rs. 1300
C. Rs. 1150
D. Rs.1 495
Q.5. A 12% stock yields 16%. The market value of the stock of face value Rs. 100 is
A. 75
B. 133
C. 80
D. 120
Q.6. To produce an annual income of Rs. 1200 in a 4 ½% stock at 94 ½, the amount of investment needed is
A. Rs. 25,200
B. Rs. 23,000
C. Rs. 22,000
D. Rs. 21,000
Q.7. Which is better investment (I) 9% stock at 90 or (II) 8% stock at 88?
A. I
B. II
C. Data insufficient
D. None of these
Q8. If the annual income from 10% stock at 224 is Rs. 42 more than 8% stock at 196, then the investment is
A. Rs. 12,000
B. Rs. 11,000
C. Rs. 10,976
D. Rs. 11,048
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Q9. A company declares a dividend of 6%. Amira owns 1300 shares (par value Rs. 75). How much dividend does she receive?
A. Rs. 7800
B. Rs. 7200
C. Rs. 6000
D. None of these
Q10. The capital of a company is Rs. 300,000 and is divided into 6,000 shares of common stock. If the company gives a dividend of Rs. 56,000, what amount will Dinesh receive for his 36 shares?
A. Rs. 400
B. Rs. 360
C. Rs. 336
D. None of these
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