Stocks and Shares - General Aptitude

Q1:

A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:

A 7.5%

B 8%

C 9.7%

D None of these

ANS:B - 8%

By investing Rs. 1552, income = Rs. 128.

By investing Rs. 97, income = Rs. 128 x 97 = Rs. 8.
1552
 Dividend = 8%