Question

Which of the following is/are true for the statement : '15%, Rs. 120 shares at Rs. 200' ?

• A. Face value of each share is Rs. 120
  
• B. Market value of each share is Rs. 200
  
• C. Dividend from each share is Rs. 18
  
• D. All of the above
  

Answer 1

The correct option is D All of the above

$FV=Rs.120$

$MV=Rs.200$

Rate of dividend = 15 %

Dividend from each share = 15% of 120 =18

Hence, all given option are true.

Hence, correct option is D.