Mathematics/General Ability MCQs
Topic Notes: Mathematics/General Ability
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
171
Find the rate of return for a 6% stock of Rs. 100 purchased at Rs. 75.
Answer:
8%
Dividend per share = 6% of 100 = Rs. 6. Market Value = Rs. 75. Rate of Return = (6 / 75) × 100 = 8%.
172
What is the yield on a 15% stock of Rs. 100 quoting at Rs. 125?
Answer:
12%
Dividend per share = 15% of 100 = Rs. 15. Market Value = Rs. 125. Yield% = (Income / Investment) × 100 = (15 / 125) × 100 = 12%.
173
Calculate the rate of return on a 12% stock of Rs. 100 available at Rs. 150.
Answer:
8%
Dividend = 12% of 100 = Rs. 12. Investment per share (Market Value) = Rs. 150. Rate of Return (Yield%) = (12 / 150) × 100 = 8%.
174
Find the yield of an 8% stock of Rs. 100 selling at Rs. 80.
Answer:
10%
Yield% is calculated on the investment (Market Value). Dividend per share = 8% of 100 = Rs. 8. Yield% = (Dividend / Market Value) × 100 = (8 / 80) × 100 = 10%.
175
What is the yield (rate of return) on a 10% stock of Rs. 100 purchased at a market value of Rs. 120?
Answer:
8.33%
Yield% = (Dividend / Market Value) × 100. Dividend = 10% of 100 = Rs. 10. Yield% = (10 / 120) × 100 = 100 / 12 = 8.33%.
176
The dividend received from a 5% stock of Rs. 10 is Rs. 150. Calculate the number of shares owned.
Answer:
300
Dividend per share = 5% of Rs. 10 = Rs. 0.50. Total dividend = Number of shares × Dividend per share. 150 = Number of shares × 0.50. Number of shares = 150 / 0.50 = 300.
177
If the income from a 12% stock of Rs. 50 is Rs. 1,200, find the number of shares held.
Answer:
200
Dividend per share = 12% of Rs. 50 = Rs. 6. Total income = Number of shares × Dividend per share. 1200 = Number of shares × 6. Number of shares = 1200 / 6 = 200.
178
The annual income from a 9% stock of Rs. 100 is Rs. 450. How many shares are held by the investor?
Answer:
50
Dividend per share = 9% of Rs. 100 = Rs. 9. Total income = Number of shares × Dividend per share. 450 = Number of shares × 9. Therefore, Number of shares = 450 / 9 = 50.
179
What is the income from an investment of Rs. 8,500 in 6% stock of Rs. 100 available at Rs. 85?
Answer:
Rs. 600
Number of shares purchased = 8500 / 85 = 100 shares. A '6% stock' means the dividend is 6% of the Face Value (Rs. 100), giving Rs. 6 per share. Total income = 100 × 6 = Rs. 600.
180
Find the annual income from investing Rs. 10,500 in 10% stock of Rs. 100 quoted at Rs. 105.
Answer:
Rs. 1,000
Number of shares = 10500 / 105 = 100 shares. The dividend is 10% of the Face Value (Rs. 100), equating to Rs. 10 per share. Total income = 100 × 10 = Rs. 1,000.