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Question

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:

What is the dividend percentage?


A

15%

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B

25%

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C

12.5%

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D

14%

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Solution

The correct option is A

15%



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