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Goutham invested Rs.4000 to buy Rs.125 shares of type from a company and invested Rs.4800 to buy Rs.120 shares of type B from it. He obtains `8%` dividend from A and `10%` dividend from B. Find the total annual dividend he carried if the market value of each equals its face value. (in Rs.)A. 600B. 750C. 800D. 1000 |
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Answer» Correct Answer - C (i) Find the dividend received per share each case. (ii) Total dividend from share A is `8%` of Rs.4000. (iii) Total dividend from share B is `10%` of Rs.4800. |
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