Multiple Choice Questions on A man invested Rs 4455 in Rs 10 shares quoted at Rs 8 25 If the rate of dividend be 12 his annual in........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man invested Rs 4455 in Rs 10 shares quoted at Rs 8 25 If the rate of dividend be 12 his annual in...........

Quantitative Aptitude ( CCS) Percentage
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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:

    750

    Incorrect Answer

    356

    Incorrect Answer

    580

    Incorrect Answer

    648

    Correct Answer
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    Explanation:

    Number of shares = 4455 /825 = 540

    Face value = Rs. (540 x 10) = Rs. 5400

    Annual income = Rs. 12 x 5400 /100 = 648

    Hence, option 4 is the correct answer.

    By: Amit Kumar
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