Banking, Shares and Dividend Test

Result

Banking, Shares and Dividend Test - 2

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

How much money will be required to buy 400 shares, Rs. 12.50 shares at a premium of Rs. 1?

A
Rs. 5400

B
Rs. 1080

C
Rs. 8000

D
Rs. 7000

E
Rs. 8100

Solution

Number of shares to be bought \(=400\)
Rs. \(12.50\) shares at a premium of Rs. 1 means the nominal value of the share is Rs. \(12.50\).
Market value \(=\) Rs. \(12.50+\) Rs. \(1=\) Rs. \(13.50\)
Money required to buy 1 share \(=\) Rs. \(13.50\)
Money required to buy 400 shares \(=400 \times\) Rs. \(13.50=\) Rs. 5400
Hence, the correct option is (A).
Question 2
1 / -0

Tata Iron and Steel Company declares a semi-annual dividend of 6%. An investor bought 1000 shares of this company at a discount of 4% whose face value is Rs. 100. After six months, the investor sold 500 shares at a premium of 4% and retained the rest for a year to earn the dividend. The percentage of profit earned by investor is

A
125/24%

B
325/24%

C
50/3%

D
25/4%

E
7.5%
Question 3
1 / -0

Mr. Wallace has 150 shares of 7%, Rs. 100 shares at Rs. 125; 100 shares of 10%, Rs. 100 shares at Rs. 140 and 200 shares of 20%, Rs. 100 at Rs. 150. Then, the percentage of profit of Mr. Wallace is

A
10%

B
9.64%

C
9.33%

D
10.67%

E
10.33%
Question 4
1 / -0

A man has \(300\), Rs \(50\) shares of a company paying \(20\%\) dividend. Find his net income after paying \(3\%\) income tax.

A
Rs. \(2680\)

B
Rs. \(1725\)

C
Rs. \(2910\)

D
Rs. \(3582\)

E
Rs. \(1876\)

Solution

Nominal value of \(1\) share \(=\) Rs \(50\)
Nominal value of \(300\) shares \(=300 \times 50=\) Rs \(15,000\)
\(\therefore\) Dividend \(=20 \%\) of Rs \(15,000\)
\(=\frac{20}{100} \times 15,000\)
\(=\) Rs \(3,000\)
Income tax paid \(=3 \%\) of Rs \(3,000\)
\(=\frac{3}{100} \times 3,000\)
\(=\) Rs \(90\)
His net income \(=\) Rs \(3,000\) - Rs \(90=\) Rs \(2,910\)
Hence, the correct option is (C).
Question 5
1 / -0

An investor invests Rs. 36000 in buying hundred rupees shares at a discount of 10%. After three days, he sells 100 shares at a premium of Rs. 10. He retains the rest for a year. The company declared a dividend of 12%. The net percentage of profit earned by him is

A
50 / 3%

B
20%

C
140 / 9%

D
160 / 9%

E
121 / 20%
Question 6
1 / -0

A steel organisation with 6,000 shares of nominal value of Rs. 150 each declares an annual dividend of 18%. What is the total dividend paid by the organisation?

A
Rs. 2,62,000

B
Rs. 1,62,000

C
Rs. 62,000

D
Rs. 4,62,000

E
Rs. 16,200
Question 7
1 / -0

A steel organisation with 6,000 shares of nominal value of Rs. 150 each declares an annual dividend of 18%. What is the annual income of Rahul who holds 98 shares in the organisation?

A
Rs. 2,646

B
Rs. 646

C
Rs. 3,646

D
Rs. 246

E
Rs. 264
Question 8
1 / -0

If Raju invests Rs. 24,000, and earns dividend at 10% for the face value of Rs. 60 each in shares, quoted at Rs. 48 for one share, which of the following could be his income from shares?

A
Rs. 4000

B
Rs. 3000

C
Rs. 5000

D
Rs. 6000

E
Rs. 1000

Solution

Number of shares = Sum invested/Market value of the share
= Rs. 24,000/Rs. 48
= 500
Income = Face value of the share x Number of shares x Rate of dividend
= Rs. 60 x 500 x (10/100)
= Rs. 3000
Question 9
1 / -0

Marketable lots are 25 shares in the market. Mr. Amen has Rs. 25000 surplus amount to invest for a year in stocks or other investment plans. He has five options:

(A) 10%, Rs.100 shares at Rs. 125
(B) 12%, Rs. 80 shares at Rs. 100.
(C) 15%, Rs. 200 shares at Rs. 250.
(D) Simple interest at the rate of 18%
(E) Compound interest of 10% compounded bi-annually.

The best investment plan is

A
A

B
B

C
C

D
D

E
E
Question 10
1 / -0

Mr. Samuel bought 500 shares of 12%, Rs 100 shares at Rs. 110 and 1000 shares of 12%, Rs. 100 shares at Rs. 105 of the same company on two successive days. His average profit percentage per share is

A
11.25%

B
12%

C
12.75%

D
9.75%

E
18%
Question 11
1 / -0

A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:

A
Rs. 18

B
Rs. 15

C
Rs. 21

D
Rs. 25

E
Rs. 20

Solution

Given:
Dividend on the Rs. 20 share = 9%
Let, 100 Rs. dividend = 9
\(1\) Rs. dividend = \(\frac9{100}\)
\(20\) Rs. dividend \(=(\frac9{100}) \times 20\)
\(20\) Rs. dividend \(=\frac95 {~Rs} .\)
Let, Rs. 12 income on 100 Rs.
\(1~ {Rs} .=\frac{100}{12}\)
Rs. \(\frac95\) is an income on Rs. \(=\{(\frac{100}{12}) \times(\frac95)\}\)
Rs. \(\frac95\) is an income on Rs. \(=\) Rs. 15
\(\therefore\) The market value of each share is \(15 {~Rs}\).
Hence, the correct option is (B).
Question 12
1 / -0

Mr Ravi had invested Rs. 52,000 in 18% Rs. 200 shares at a premium of 30%. What is the total number of shares bought by Mr Ravi?

A
400

B
250

C
222

D
200

E
180
Question 13
1 / -0

Mr Ravi had invested Rs. 52,000 in 18% Rs. 200 shares at a premium of 30%. What is the total income of Mr. Ravi from the shares?

A
Rs. 7,800

B
Rs. 7,200

C
Rs. 2,200

D
Rs. 6,200

E
Rs. 3,200
Question 14
1 / -0

Mr Ravi had invested Rs. 52,000 in 18% Rs. 200 shares at a premium of 30%. Which of the following is the percentage return on Mr Ravi`s investment?

A
11.85%

B
12.85%

C
3.85%

D
13.85%

E
14.85%

Question 15

1 / -0

A public holding company UTI buys shares whose market values of different companies at the prices and the respective dividends declared by the respective companies are shown below. What is the average profit percentage per share earned by the company?

Company	# of shares	Cost per share	Dividend
A	1000	110	10%
B	2000	125	12%
C	1000	120	5%
D	5000	116	12%
E	1000	108	10%

10%

12%

8.16%

9.16%

10.16%

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Banking, Shares and Dividend Test - 2

Result

Banking, Shares and Dividend Test - 2

Score

-

Rank

-

SHARING IS CARING

Question 1

Rs. 5400

Rs. 1080

Rs. 8000

Rs. 7000

Rs. 8100

Solution

Question 2

125/24%

325/24%

50/3%

25/4%

7.5%

Question 3

10%

9.64%

9.33%

10.67%

10.33%

Question 4

Rs. \(2680\)

Rs. \(1725\)

Rs. \(2910\)

Rs. \(3582\)

Rs. \(1876\)

Solution

Question 5

50 / 3%

20%

140 / 9%

160 / 9%

121 / 20%

Question 6

Rs. 2,62,000

Rs. 1,62,000

Rs. 62,000

Rs. 4,62,000

Rs. 16,200

Question 7

Rs. 2,646

Rs. 646

Rs. 3,646

Rs. 246

Rs. 264

Question 8

Rs. 4000

Rs. 3000

Rs. 5000

Rs. 6000

Rs. 1000

Solution

Question 9

A

B

C

D

E

Question 10

11.25%

12%

12.75%

9.75%

18%

Question 11

Rs. 18

Rs. 15

Rs. 21

Rs. 25

Rs. 20

Solution

Question 12

400