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  1. A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 6% his annual income is ?
    1. Rs. 267.30
    2. Rs. 327.80
    3. Rs. 324
    4. Rs. 103.70
Correct Option: C

Number of shares = 4455 / 8.25 = 540
Face value = Rs. (540 x 10) = Rs. 5400
Income = Rs. (6/100) x 5400 = Rs. 324


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