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Question : 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:Options : A.Rs. 207.40 B.Rs. 534.60 C.Rs. 648 D.Rs. 655.60?
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Question : A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25...
C. Rs.648
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Question : A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25...
Given:
- Investment amount: Rs. 4455
- Share price: Rs. 8.25
- Dividend rate: 12%

To find:
- Annual income from the investment

Solution:

Step 1: Calculate the number of shares:
To calculate the number of shares, we divide the investment amount by the share price.
Number of shares = Investment amount / Share price
Number of shares = 4455 / 8.25 ≈ 540

Step 2: Calculate the dividend per share:
The dividend per share is calculated by multiplying the share price by the dividend rate.
Dividend per share = Share price * Dividend rate
Dividend per share = 8.25 * 0.12 = Rs. 0.99

Step 3: Calculate the annual income:
The annual income is calculated by multiplying the dividend per share by the number of shares.
Annual income = Dividend per share * Number of shares
Annual income = 0.99 * 540 ≈ Rs. 534.60

Therefore, the annual income from the investment is Rs. 534.60.

Answer:
The correct option is B. Rs. 534.60.
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Question : 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:Options : A.Rs. 207.40 B.Rs. 534.60 C.Rs. 648 D.Rs. 655.60?
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Question : 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:Options : A.Rs. 207.40 B.Rs. 534.60 C.Rs. 648 D.Rs. 655.60? for JEE 2024 is part of JEE preparation. The Question and answers have been prepared according to the JEE exam syllabus. Information about Question : 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:Options : A.Rs. 207.40 B.Rs. 534.60 C.Rs. 648 D.Rs. 655.60? covers all topics & solutions for JEE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Question : 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:Options : A.Rs. 207.40 B.Rs. 534.60 C.Rs. 648 D.Rs. 655.60?.
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