A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is__________?
A. 7.5%
B. 8%
C. 9.7%
D. None of these
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs (128/1552 x 97) = Rs. 8.
Therefore, Dividend = 8%.