This Article consist of most important ” Stocks and Shares Questions and Answers ” that are mostly asked in all competitive exams. We collected these questions from the students who appeared in exams. Now try to solve these questions.
Stocks and Shares Questions and Answers
Question : 1 The income derived from a Rs. 100, 13 % stock at obtained by him is :
A. Rs. 5
B. Rs. 8
C. Rs. 13
D. Rs. 18
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Correct Answer : C
Explanation :
Income on Rs. 100 stock = Rs. 13
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Question : 2 A man invest in a 16 % stock at 128. The interest obtained by him is :
A. 8%
B. 12%
C. 12.5%
D. 16%
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Correct Answer : C
Explanation :
By investing Rs. 128, income derived = Rs. 16
By investing Rs. 100, income derived = Rs. (16/128 * 100)= 12.5
Interest obtained + 12.5%
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Question : 3 How many shares of market value Rs. 25 each can be purchased being for Rs. 12750, brokerage being 2 %
A. 450
B. 500
C. 550
D. 600
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Correct Answer : B
Explanation :
C.P. of each share = Rs. ( 25 + 2 % of 25 ) = Rs. 25.50
Number of share = (12750/24.50) = 500.
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Question : 4 The cash realized on selling a 14 % stick at discount,when brokerage being 1/4% is :
A. Rs. 105.50
B. Rs.106
C. Rs. 106.50
D. Rs. 113.75
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Correct Answer : B
Explanation :
Cash realized= Rs. (106.25 – 0.25 ) = Rs. 106.
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Question : 5 The cost price of a Rs.100 stock at 4 discount, when brokerage is 1/4% is :
A. Rs. 95.75
B. Rs. 96
C. Rs. 96.25
D. Rs. 104.25
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Correct Answer : C
Explanation :
C.P.=Rs.(100-4+1/4)=Rs.96.25
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