100, ₹ 100 shares (paying 10% dividend) are brought at a discount of ₹ 20 and another 100, ₹ 100 shares (paying 10% dividend) are brought at ₹ 120. The total dividend earned is :

1. ₹ 00

2. ₹ 2,000

3. ₹ 400

4. ₹ 2,400

The money required, to buy 80 shares, each of ₹ 60 and quoted at ₹ 70, is :

1. ₹ 5600

2. ₹ 4800

3. ₹ 80 × 60 × 70

4. ₹ 4200

Each of ₹ 500 shares is available at a discount of ₹ 100. If the dividend on these shares is 8%, the income percent is :

1. 8%

2. 15%

3. 5%

4. 10%

Investing in 16% ₹ 100 shares at ₹ 80 or in 20% ₹100 shares at ₹120.

Assertion (A): It is better to invest in 16% ₹ 100 shares at ₹ 80.

Reason (R): Return % from the shares = $\dfrac{\text{Income}}{\text{Investment}} \times 100\%$.

1. A is true, R is false.

2. A is false, R is true.

3. Both A and R are true and R is correct reason for A.

4. Both A and R are true and R is incorrect reason for A.