Question: A man interested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the man gets 12.5% on his annual income is :
A
B
C
D
Rs. 534.60
B
Rs. 655.60
C
Rs. 648
D
Rs. 207.40
Note: Number of shares` = (4455/8.25)`
`= 540`
Face value`= Rs. (540 xx 10)`
`= Rs. 5400.
Annual income` = Rs. (12/100 xx 5400)`
` = Rs. 648`