Vishwanath
Saturday, February 16, 2013
14. A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is
A. Rs. 207.40
B. Rs. 534.60
C. Rs. 648
D. Rs. 655.60
Answer:
Option : C
Number of shares | = Rs. |
| 4455 |
| = Rs. 540 |
8.25 |
Face value = Rs.(540 × 10) = Rs. 5400.
Annual Income | = Rs. |
| 12 | x 5400 |
| = Rs. 648 |
100 |
Title : Stocks And Shares Q14
Description : 14. A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is A. Rs. 207...
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