A company issued 20000 shares of par value Rs. 10 each. If the tota – McqOptions

MCQOPTIONS

1.	A company issued 20000 shares of par value Rs. 10 each. If the total divided declared by the company is Rs.24000, find the rate of dividend paid by the company.
A.	12%
B.	12.5%
C.	14%
D.	14.5%
Answer» B. 12.5%

Discussion

No Comment Found

Related MCQs

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being (1/4)%, is:
The cost price of a Rs. 100 stock at 4 discount, when brokerage is (1/4)% is:
Which is better investment: 11% stock at 143 or 9(3/4)% stock at 117?
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13(1/2). The rate of interest obtained is:
By investing in 16(2/3)% stock at 64, one earns Rs. 1500. The investment made is:
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. What is the market value of each share?
Find the cost of Rs. 4500, 8.5% stock at 4 premium.
Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.
A man invested Rs. 4940 in Rs. 10 shares quoted at Rs. 9.50. If the rate of dividend be 14%, his annual income is
A man invested Rs.1552 in a stock at 97 to obtain an income of Rs.128. What is the dividend from the stock?