A medicine company issued 125000 shares of par value Rs. 20 each. If t – McqOptions

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1.	A medicine company issued 125000 shares of par value Rs. 20 each. If the total dividend declared by the company is Rs. 375000, find the rate of divided paid by the company?
A.	15%
B.	10%
C.	13%
D.	14%
Answer» B. 10%

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