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A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:

Rs. 207.40
Rs. 534.60
Rs. 648
Rs. 655.60
Explanation:
Number of shares =$ \left(\dfrac{4455}{8.25} \right) $= 540.

Face value = Rs.$ (540 \times 10)$ = Rs. 5400.

Annual income = Rs.$ \left(\dfrac{12}{100} \times 5400\right) $= Rs. 648.
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