Aptitude Stocks and Shares Test Paper 1

1) What is the market price of a 9% share when a person gets 180 by investing Rs. 4000?

Answer: B

Explanation:

Let the face value of the share = Rs. 100
Dividend per share = 9
As per the question, an income of Rs. 180 is obtained from an investment of Rs. 4000.
So, an income of Rs. 9 is obtained from an investment of Rs. = (4000/180) * 9 = 200
So, the market price of the share = Rs. 200

2) What will be the investment in order to obtain an income of 550 from 10% stock at Rs. 96?

5280
6280
7280
8280

Answer: A

Explanation:

Market value = Rs. 96
Dividend = 10 % = Rs. 10
The face value is not given, so let it be Rs. 100
To obtain Rs. 10 (10 % of face value) the required investment = Rs. 96
To obtain Rs. 550, the required investment = 96/10 * 550 = 5280

3) A man buys Rs. 25 shares with 9% dividend. The man wants to have an interest of 15% on his money. Find the market value of each share?

Rs. 17
Rs. 13
Rs. 14
Rs. 15

Answer: D

Explanation:

Face value of each share = Rs. 25

Dividend per share = 9% of 25 = 9/100 * 25 = 225/100

The man wants to earn an interest of 15% on his money:
So, money paid for a share * Apti Stocks and Shares

So, the market value of the share is Rs. 15

4) What is the cost price of a Rs. 100 stock at 6 discount, when the brokerage is 2 %?

Answer: C

Explanation:

Face value = 100
Discount 6%
Brokerage = 2%
So, cost price = 100 - 6 + 2 = Rs. 96

5) Ram invests in 16% stock at 74 and earns Rs. 1800. What is the investment made by Ram?

8325
8328
8329
8324

Answer: A

Explanation:

Market value = Rs. 74
Let the face value = Rs. 100
So, the dividend is 16% of the face value = Rs. 16
Now, to earn 16 the investment = Rs. 74
To earn Rs. 1800 the investment made would be = Apti Stocks and Shares * 1800 = 8325