Rs 1552 income = Rs 128
By investing Rs 97 income = 128/1552*97 = Rs 8
Divdend = 8%
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is:
1. 8%
2. 6%
3. 9%
4. 10%
5. 11%