STOCKS AND SHARES APTITUDE QUESTIONS AND ANSWERS

STOCKS AND SHARES QUESTIONS AND ANSWERS 4 to 6

4. I want to purchase a 6% stock which must yield 5% on my capital. At what price must I buy the stock?

Rs. 111

Rs. 101

Rs. 83.33

Rs. 120

5. The cost price of a Rs. 100 stock at 4 discount, when brokerage (1/4)%, is:

Rs. 96

Rs. 96+

Rs. 96-

Rs. 100

6. A invested some money in 4% stock at 96. Now, B wants to invest in an equally good 5% stock. B must purchase a stock worth of:

Rs. 120

Rs. 124

Rs. 76.80

Rs. 80

More STOCKS AND SHARES APTITUDE QUESTIONS AND ANSWERS available in next pages

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