25.
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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:
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A.
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Rs. 207.40
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B.
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Rs. 534.60
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C.
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Rs. 648
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D.
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Rs. 655.60
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Answer: Option C
Explanation:
Number of shares =
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4455
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= 540.
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8.25
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Face value = Rs. (540 x 10) = Rs. 5400.
Annual income = Rs.
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12
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x 5400
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= Rs. 648.
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|
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