Find the annual income derived from 760, Rs 100 shares paying $15 %$ dividend.

11700

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10400

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12000

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11400

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Solution

The correct option is D
11400

Face value of 1 share = Rs 100

Annual income on 1 share $= 15 % o f R s 100 = \frac{15}{100} \times 100 = R s 15$

Annual income from 760 shares $= R s (760 \times 15) = R s 11400$

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Find the annual income derived from 760, Rs 100 shares paying 15% dividend.

The correct option is D 11400 Face value of 1 share = Rs 100 Annual income on 1 share =15% of Rs100=15100×100=Rs 15 Annual income from 760 shares =Rs(760×15)=Rs 11400

Find the annual income derived from 760, Rs 100 shares paying $15 %$ dividend.

The correct option is D
11400

Face value of 1 share = Rs 100

Annual income on 1 share $= 15 % o f R s 100 = \frac{15}{100} \times 100 = R s 15$

Annual income from 760 shares $= R s (760 \times 15) = R s 11400$