Directions for 1 to 10:
For the following questions, four options are given. Choose the
best option.
1. What is the total face value of
stocks, available at Rs.95 each, that can be purchased by investing Rs.1905
(brokerage Rs.0.25 per share)?
A.Rs.1940
B. Rs.1975
C. Rs.2000
D.Rs.2002.75
2. A man sells Rs.5000 face value, 12% stock at Rs.156 each and invests the proceeds partly in 8% stock at Rs.90 and 9% stock at Rs.108. He thereby increased his income by Rs.70. How much of the proceeds were invested in each of the stocks, taken in the same order?
A. Rs.4200, Rs.3600
B. Rs.3600, Rs.4200
C. Rs.3400, Rs.4400
D. Rs.4400, Rs.3400
3. An investor owning 1000, Rs.5 face value shares in a company sells 400 of them at Rs.6.75 each. He invests the proceeds in a stock at Rs.90. The total income of the investor in 1 year, when a divided of 6.5% p.a. is paid on shares and 7.25% on stock, is
A. Rs.412.50
B. Rs.450.75
C. Rs.512.35
D. Rs.452.40
4. A person invests Rs.14970 in the purchase of 3% stock at Rs.90 each & % stock at Rs.97 each. His total income was Rs.500. How many shares of each type did he buy?
A. 102, 60
B. 100, 65
C. 95, 70
D. 105, 60
5. A person has 3% stock which yields Rs.240 per year. He sells out 1/4 of the stock at Rs.87.25 and invests the proceeds in Railway stock at Rs.174.5. What dividend should the latter pay so that he may increase his income by Rs.40?
A. 8%
B. 9%
C. 12%
D. 1%
6. A milk man borrowed Rs.2500 from two money lenders. For one loan, he paid 5% p.a. and for the other, he paid 7% p.a. The total interest paid for the two years was Rs.265. How much did he borrow at each rate?
A. Rs.2135, Rs.365
B. Rs.2000, Rs.500
C. Rs.2125, Rs.375
D. Rs.2200, Rs.300
7. Vijay obtains a loan of Rs.64000 against his fixed deposits. If the rate of interest be 2.5 paise per rupee per annum, then calculate the compound interest payable after 3 years.
A. Rs.4500
B. Rs.5200
C. Rs.4130
D. Rs.4921
8. What annual payment will discharge a debt of Rs.50440 due in 3 years at 5% per annum compounded annually?
A. Rs.17532
B. Rs.18522
C. Rs.19320
D. Rs.18922
9. A sum of money is put at compound interest for 2 years at 20% p.a. It would fetch Rs.482 more, if the interest were payable half-yearly, than if it were payable yearly. Find the sum.
A. Rs.18000
B. Rs.20000
C. Rs.25000
D. Rs.23000
10. The simple interest on a sum of money will be Rs.300 after 5 years. In the next 5 years if principal is trebled, then what will be the total interest at the end of the 10th year?
A. Rs.1200
B. Rs.1125
C. Rs.1250
D. Rs.1500
Answers
1. B
6. B
2. B
7.
B
3. A
8.
C
4. B
9. B
5. C
10.A
