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 his company declares 5% dividend at the end of the year, then how much does he get?
A.	Rs.500
B.	Rs.600
C.	Rs.650
D.	Rs.720
Answer» C. Rs.650

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