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

Correct Answer: 8%

Explanation:

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


 


By investing Rs. 97, income = R s . 128 1552 × 97 = Rs. 8.


 


Dividend = 8%


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