A man invested Rs. 14,400 in Rs. 100 shares of a company at 20% premiu – McqOptions

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1.	A man invested Rs. 14,400 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.	Rs. 500
B.	Rs. 650
C.	Rs. 600
D.	Rs. 720
Answer» D. Rs. 720

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