Banking Question:

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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:
A. Rs. 207.40
B. Rs. 534.60
C. Rs. 648
D. Rs. 655.60

Banking Interview Question
Banking Interview Question

Answer:

C. Rs. 648

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A 6% stock yields 8%. The market value of the stock is:
A. Rs. 48
B. Rs. 75
C. Rs. 96
D. Rs. 133.33		Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:
A. Rs. 4800
B. Rs. 5000
C. Rs. 5400
D. Rs. 5600