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What is the correct answer?
4
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
Correct Answer :
B. 8%
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs.
128
1552
x
97
=
R
s
.
8
.
Dividend = 8%
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