Vishwanath
Sunday, February 17, 2013
25. | 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
Explanation:
Number of shares = |
| 4455 |
| = 540. |
8.25 |
Face value = Rs. (540 x 10) = Rs. 5400.
Annual income = Rs. |
| 12 | x 5400 |
| = Rs. 648. |
|
Title : Stocks And Shares Q25
Description : 25. 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. ...
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