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

A. 7.5%
B. 8%
C. 9.7%
D. None of these

Answer: Option B

Explanation:

By investing ₹ 1552, income = ₹ 128.

By investing ₹ 97, income = ₹ 128 x 97
1552
 = ₹ 8.

Dividend = 8%