Some question: A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
Options:
(A) 8%
(B) 6%
(C) 9%
(D) 10%
(E) 11%
Some stream of consciousness:
Rs 1552 income = Rs 128
By investing Rs 97 income = 128/1552*97 = Rs 8
Divdend = 8% The answer: (A).