A man invested Rs. 14400 in Rs. 100 shares of a company at 20% premium – McqOptions

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1.	A man invested Rs. 14400 in Rs. 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get ?
A.	s. 500
B.	s. 600
C.	s. 650
D.	s. 720
Answer» C. s. 650

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