Stocks and Shares - Arithmetic Aptitude Questions and Answers

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A man invested Rs. 1500 in a stock at 95 to obtain an income of Rs. 130. What is the dividend from the stock?

8.32%

7.32%

6.32%

5.32%

Answer : Option A

Explanation :

By investing Rs. 1500, the man obtained an income of Rs. 130.
So, by investing Rs. 95, the income will be = * 96 = Rs. 8.32
So, the dividend = 8.32%

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