A man invests Rs.8,800 on buying shares of face value of Rupees hundred each at a premium of 10% in a company. If he earns Rs.1,200 at the end of the year as dividend, what is dividend percentage per share?

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10%

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12%

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15%

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18%

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Solution

The correct option is D
15%

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Similar questions

A man invests Rs 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs 1,200 at the end of the year as divident, find :

(i) the number of shares he has in the company.

(ii) the dividend percent per share.

Q. A man invests 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If Rs.1,200 at the end of the year as dividend

find :

(i) the number of shares he has: company.
ii) the dividend percent per share.

Q. A man invests ₹ 8000 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns ₹ 1200 at the end of the year as dividend, then find the
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A man invests ₹ 8000 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns ₹ 1200 at the end of the year as dividend, then find the i) number of shares he has in company and ii) dividend percent per share

Payal invests Rs 8800 on buying shares of face value of Rs 100 each at a premium of 10% in a company. If she earns Rs 1200 at the end of the year as dividend, find:

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A man invests Rs.8,800 on buying shares of face value of Rupees hundred each at a premium of 10% in a company. If he earns Rs.1,200 at the end of the year as dividend, what is dividend percentage per share?

The correct option is D 15%

The correct option is D
15%