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

– by 0

A. 9.70%
B. 3.90%
C. 8%
D. 7.50%

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

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