Stocks and Shares - Data Intensity 1 Multiple Questions and Answers.




31.A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is__?
A. 7.50%
B. 8%
C. 9.70%
D. None of these

32.A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ?
A. Rs. 37.50
B. Rs. 40
C. Rs. 48
D. Rs 52

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