Seema had 50 preferred shares and 400 common shares of par value Rs. 100 each. If the dividend declared on preferred shares is 10% per annum and a semi-annual dividend of 7.5% is on common shares find the annual dividend received by Seema?

• A. Rs. 7500
• B. Rs. 8500
• C. Rs. 6500
• D. Rs. 5500