Question

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:
A.Rs. 207.40
B.Rs. 534.60
C.Rs. 648
D.Rs. 655.60

Answer 1

Heya....

Here is your answer...

The correct answer is Option C. Explanation is in pic......

Thanks...!!!

XD

Sorry baby 'wink'

Answer 2

Solution :-

His Annual income is 648 RS

Given .

A man invested 4455 RS in 10 shares

Rate of dividend 12%

Annual income= ?

No. of shares= 4455/8.25 =540

income on shares=540×10

=> 5400

annual income=12×5400/100

=> 648

A man annual income is RS 648

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@GauravSaxena