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Question

Quantitative Aptitude Question on Stocks and Shares

Find the income derived from 100 shares of Rs 25 each at 5 premium, brokerage being ½ per share and the rate of dividend being 7127\frac{1}{2} per annum.

A

187.5

B

188.5

C

186.5

D

185.5

Answer

187.5

Explanation

Solution

The correct option is (A): 187.5