Question

Par value of share is $33$. Dividend % is $12$%. Premium is $10$%. Calculate total dividend value for $500$ shares

• A. $1980$
• B. $2000$
• C. $1960$
• D. $2020$

Answer 1

The correct option is A $1980$

Total dividend$=\frac{12\times 33\times 500}{100}=1980$