54. A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is
A.8% B.9.7%
C.7.5% D.None of these
Answer: 8%
Explanation: By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs. (128/1552) * 97= Rs.
Dividend = 8%.
