Quantitative Aptitude
Exercise Mode
General Questions
Practice and master this topic with our carefully crafted questions.
5
Questions
8
Minutes
0%
Completed
Question 11
Sakshi invests a part of ₹ 12,000 in 12% stock at ₹ 120 and the remainder in 15% stock at ₹ 125. If his total dividend per annum is ₹ 1360, how much does he invest in 12% stock at ₹ 120?
Correct Answer: Option A
Let investment in 12% stock be ₹ x.
Then, investment in 15% stock = ₹ (12000 - x).
 |
12 | x x + | 15 | x (12000 - x) = 1360. |
| 120 | 125 |
 |
x | + | 3 | (12000 - x) = 1360. |
| 10 | 25 |
5x + 72000 - 6x = 1360 x 50
x = 4000.
Question 12
A man invested ₹ 1552 in a stock at 97 to obtain an income of ₹ 128. The dividend from the stock is:
Correct Answer: Option B
By investing ₹ 1552, income = ₹ 128.
| By investing ₹ 97, income = ₹ |  |
128 | x 97 |  |
| 1552 | ||||
| = ₹ 8. |
Dividend = 8%
Question 13
The market value of a 10.5% stock, in which an income of ₹ 756 is derived by investing ₹ 9000, brokerage being 
%, is:
%, is:
Correct Answer: Option C
For an income of ₹ 756, investment = ₹ 9000.
| For an income of ₹ | 21 | , investment = ₹ | |
9000 | x | 21 | |
| 2 | 756 | 2 | |||||
| = ₹ 125. |
For a ₹ 100 stock, investment = ₹ 125.
| Market value of ₹ 100 stock = ₹ | |
125 - | 1 | |
| 4 | ||||
| = ₹ 124.75 |
Question 14
A 12% stock yielding 10% is quoted at:
Correct Answer: Option D
To earn ₹ 10, money invested = ₹ 100.
| To earn ₹ 12, money invested = ₹ | |
100 | x 12 | |
| 10 | ||||
| = ₹ 120. |
Market value of ₹ 100 stock = ₹ 120.
Question 15
The cost price of a ₹ 100 stock at 4 discount, when brokerage is (1/4)% is:
Correct Answer: Option C
| C.P. = ₹ | |
100 - 4 + | 1 | |
= ₹ 96.25 |
| 4 |