A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is : Select:
A) 7.5 %  B) 8 %  C) 9.7 %  D) None of these  E) Cannot be determined
Solution   By investing Rs. 1552,income = Rs. 128.   By investing Rs. 97, income = Rs. (128/1552x97) =Rs.8   ∴ Dividend = 8%.   Answer 8 %
<result>B</result>
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is :