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
Rs. 7400, 10% stock at 15 discount.
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| B. |
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| D. |
Correct Answer : D. 6290
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Question 2
A man invested Rs. 26000 in 5% stock at 104. He sold the stock when the price rose to Rs. 120 and invested the sale proceeds in 6% stock. By doing this his income increased by Rs. 2500. At what price
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| B. |
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| D. |
Correct Answer : D. Rs. 48
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Question 3
Find the cost of Rs. 7200, 8% stock at 90;
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| B. |
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| D. |
Correct Answer : B. 6480
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Question 4
Find the income on 7½ % stock of Rs. 2000 purchased at Rs. 80.
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| B. |
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| D. |
Correct Answer : C. Rs.150
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Question 5
A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120 . To obtain equal dividends from both , he must invest the money in he ratio.
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| B. |
| C. |
| D. |
Correct Answer : C. 16 : 15
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Question 6
12500 shares, of par value Rs. 20 each, are purchased from Ram by Mohan at a price of Rs. 25 each. If Mohan further sells the shares at a premium of Rs. 11 each, find his gain in the transaction.
| A. |
| B. |
| C. |
| D. |
Correct Answer : B. Rs. 75000
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Question 7
A 9% stock yields 8% . The market value of the stock is :
| A. |
| B. |
| C. |
| D. |
Correct Answer : B. Rs. 112.50
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Question 8
A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?
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| B. |
| C. |
| D. |
Correct Answer : A. Rs.22.50
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Question 9
A 12% stock yielding 10% is quoted at :
| A. |
| B. |
| C. |
| D. |
Correct Answer : A. Rs. 120
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Question 10
To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is :
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| B. |
| C. |
| D. |
Correct Answer : D. Rs. 10000
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