Mathematics ECAT Entry Test MCQs Quiz Test

Q.1: A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?

1. 3600(8%), 4200(9%)
2. 4000(8%), 4200(9%)
3. 3600(8%), 4000(9%)
4. 4000(8%), 4000(9%)

Q.2: A 9% stock yields 8%. The market value of the stock is———-?

1. Rs. 72
2. Rs. 116.50
3. Rs. 90
4. Rs. 112.50

Q.3: A man invested Rs. 14,400 in Rs.100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year , then how much does he get?

1. Rs. 500
2. Rs. 600
3. Rs. 650
4. Rs. 720

Q.4: Find the income derived from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum.

1. 150
2. 165
3. 180
4. 201

Q.5: Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is———–?

1. Rs. 4800
2. Rs. 5400
3. Rs. 5000
4. Rs. 5600

Q.6: A man invested Rs. 14,400 in Rs 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get ?

1. Rs. 500
2. Rs. 600
3. Rs. 650
4. Rs. 720

Q.7: A 9% stock yields 8%. The market value of the stock is———-?

1. Rs. 72
2. Rs. 92
3. Rs. 112.50
4. Rs. 116.50

Q.8: A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of———-?

1. Rs. 80
2. Rs. 115.20
3. Rs. 120
4. Rs. 125.40

Q.9: How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2% ?

1. 450
2. 500
3. 550
4. 600

Q.10: A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ?

1. Rs. 37.50
2. Rs. 40
3. Rs. 48
4. Rs 52