Vishwanath
Sunday, February 17, 2013
57.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:
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs (128/1552 x 97)
= Rs. 8.
Therefore, Dividend = 8%.
Title : Stocks And Shares Q57
Description : 57.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%...
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