38.
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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:
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A.
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7.5%
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B.
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8%
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C.
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9.7%
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D.
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None of these
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Answer: Option B
Explanation:
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs.
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128
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x 97
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= Rs. 8.
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1552
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Dividend = 8%
