NCHMCT JEE 2011 Question Paper with solutions for online practice

Question : 8 of 198

Marks: +1, -0

Swarna invested Rs. 2,592 in buying shares of a company at Rs. 108 each. The face value of each share is Rs. 100. The company paid 12

1/2

% dividend at the end of the year. Find the dividend received by Swarna at the end of the year.

Solution:

Dividened on Rs. 108 = Rs.

{25}/2

so, dividened on Rs. 2592
=

{25×2592}/{2×108}

= Rs. 300

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