A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of divi – OfficerPath

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MCQ Practice

A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:

Subject: MathematicsTopic: Stocks And Shares

A

Rs. 207.40

B

Rs. 534.60

C

Rs. 648

D

Rs. 655.60

Correct Answer: C

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