A man invests Rs.1,680 in buying shares of nominal value Rs.24 selling at 12% premium. The dividend on the shares is 15% per annum

Calculate the dividend he receives?

210

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215

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220

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225

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230

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Solution

The correct option is D
225

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A man invests Rs.1,680 in buying shares of nominal value Rs.24 selling at 12% premium. The dividend on the shares is 15% per annum Calculate the dividend he receives?

The correct option is D 225

A man invests Rs.1,680 in buying shares of nominal value Rs.24 selling at 12% premium. The dividend on the shares is 15% per annum

Calculate the dividend he receives?

The correct option is D
225