Stocks and Shares - General Aptitude

Q1:

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is:

A
12 1 %
2

B
13 1 %
2

C 15%

D
16 2 %
3

ANS:C - 15%

Investment = Rs. [20 x (50 - 5)] = Rs. 900. Face value = Rs. (50 x 20) = Rs. 1000.

Dividend = Rs. 27 x 1000 = Rs. 135.
2 100
Interest obtained = 135 x 100 % = 15%
900