A man invested Rs. 4940 in Rs. 10 shares quoted at Rs. 9.50. If the – McqOptions

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1.	A man invested Rs. 4940 in Rs. 10 shares quoted at Rs. 9.50. If the rate of dividend be 14%, his annual income is
A.	Rs.728
B.	Rs.648
C.	Rs.720
D.	Rs.622
Answer» B. Rs.648

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