Question

Par value is $Rs.10,$ MV is $Rs.15,$ amount invested is $15000$ and (dividend earn/share) is $Rs.20$. Find total annual dividend.

• A. $25000$
• B. $20000$
• C. $22000$
• D. None

Answer 1

The correct option is B $20000$

No. of shares$=\frac{15000}{15}=1000$
Total dividend $=1000\times 20=20000$