Vishwanath
Sunday, February 17, 2013
38. | A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
|
A. | 7.5% | B. | 8% | C. | 9.7% | D. | None of these |
|
Answer: Option B
Explanation:
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs. |
| 128 | x 97 |
| = Rs. 8. |
1552 |
Dividend = 8%
Title : Stocks And Shares Q38
Description : 38. A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is: A. 7.5% B. 8% C. 9.7% D. None o...
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