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

7.5%

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9.7%

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None of these

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Solution

The correct option is B 8%
By investing Rs. 1552, income Rs. 128
By investing Rs. 97, income = $R s . \frac{128}{1552} \times 97 = R s . 8$
$∴$ Dividend = 8%

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

The correct option is B 8%By investing Rs. 1552, income Rs. 128By investing Rs. 97, income = Rs.1281552×97=Rs.8∴ Dividend = 8%

The correct option is B 8%
By investing Rs. 1552, income Rs. 128
By investing Rs. 97, income = $R s . \frac{128}{1552} \times 97 = R s . 8$
$∴$ Dividend = 8%