Siva owns 250 shares of a company. The face value of each share is Rs. 8. The company declares a dividend of 5%. Calculate his investment if Siva had paid Rs. 10 for each share.
A
3000
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B
2000
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C
1000
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D
2500
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Solution
The correct option is A2500 n=250 N.VorF.V=8 M.V=Rs10 Investment=(no.ofshares)×M.V=250×10=Rs2500