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:  Choose the correct choice from the following options.
A) 233
B) 648
C) 366
D) 266
E) 991
Explanation:   Number of shares = = 540.   Face value = Rs. (540 x 10) = Rs. 5400.   Annual income = = Rs. 648.   Answer: 648) 648
<result>B</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: