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 721 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