Arithmetic Ability
Stocks and Shares

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Q.

A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

View Answer

Correct choice: C

Explanation:

By investing Rs. 1552, income = Rs. 128. By investing Rs. 97, income =Rs.(128/1552 ×97)= Rs. 8. Dividend = 8%
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