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Raghavan Ram Memon
Asked: 2022-11-07T18:40:51+05:30 In:

Mrs Pravallika has 100 shares worth Rs. 100 at a premium of Rs. 100. If the rate of dividend is 10%, then find the total dividend received by her at the end of a year. (in Rs.)
A. Rs. 4000
B. Rs. 3000
C. Rs. 2000
D. Rs. 1000

Mrs Pravallika has 100 shares worth Rs. 100 at a premium of Rs. 100. If the rate of dividend is 10%, then find the total dividend received by her at the end of a year. (in Rs.)
A. Rs. 4000
B. Rs. 3000
C. Rs. 2000
D. Rs. 1000
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1 Answer

  1. Correct Answer – D
    `FV=` Rs. 100
    Rate of dividend `=10%`
    Number of shares `=100`
    Dividend from each share (in Rs.) `=10%` of `100=10`
    Total dividend from 100 shares (in Rs.) `=100xx10=1000`.

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