Discussion of Question with ID = 094 under Stocks-and-Shares

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Question

If my annual dividend income after investing Rs. 6200 in a stock at Rs. 124 is Rs. 650, then what % divided is paid by the company?

A

13%.

B

14%.

C

12%.

D

15%.

Soln.
Ans: a

Let the dividend be p%. The income is $p/124$ × 6200 = Rs. 650. Solving, we get p = 13%.


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