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  1. A man invested Rs. 388 in a stock at 97 to obtain and income of Rs. 22. The dividend from the stock is ?
    1. 12%
    2. 3%
    3. 51/2%
    4. 22.68%
Correct Option: C

When investment is Rs. 388, income = Rs. 22
When investment is Rs. 97, income = Rs. (22 / 388) x 97 = Rs. 5.50
∴ Dividend on Rs. 100 stock = 51/2%


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