Percentage

Quantitative Aptitude (PCS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

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

356

580

648

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.