1.

Find the income derived form 44 shares of Rs. 25 each at 5 premium (brokerage 1/4 per share ), the rate of dividend being 5%. Also find the rate of interest in the investment ?

A. Rs. 60.5, 4.55 %
B. Rs. 60, 5%
C. Rs. 80.5, 5.55 %
D. None of these
Answer» B. Rs. 60, 5%


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