A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:  Select:
A) 242
B) 297
C) 648
D) 267
E) 108
Number of shares = 4455 = 540.   8.25   Face value = Rs. (540 x 10) = Rs. 5400.   Annual income = Rs. 12	x 5400 = Rs. 648.   100   Answer: 648
<result>C</result>
A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is: