A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 180. The dividend from the stock is :	Choose the correct choice from the following options:
A) 7.5 % B) 8 % C) 11.25 % D) None of these E) Cannot be determined
Solution   By investing Rs. 1552,income = Rs. 180.   By investing Rs. 97, income = Rs. (180/1552x97)= Rs.11.25   âˆ´ Dividend = 11.25%.   Answer 11.25 %
<result>C</result>
A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 180. The dividend from the stock is :