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

1.

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%

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