Find the annual income derived from 760, ₹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 = ₹100

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

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

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

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

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

The correct option is D
₹11400

Face value of 1 share = ₹100

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

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