1.  A man invested ₹ 4455 in ₹ 10 shares quoted at ₹ 8.25. If the rate of dividend be 12%, his annual income is:
A. ₹ 207.40
B. ₹ 534.60
C. ₹ 648
D. ₹ 655.60

Answer: Option C

Explanation:

Number of shares = 4455 = 540.
8.25

Face value = ₹ (540 x 10) = ₹ 5400.

Annual income = ₹ 12 x 5400 = ₹ 648.
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