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Lavan had two types of shares. He had 800 shares of type A which gave him an annual dividend of Rs.4000. If he had 200 more shares of type B than A, which gave him the same annual dividend, then find his annual income from each share of B. (in Rs.)A. 4B. `3.50`C. 2D. `2.50` |
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Answer» Correct Answer - A (i) Annual divided from each share `=("Total annual dividend")/("Total number of shares")`. (ii) Number of shares of type B = (Number of shares of type A) + 1200. (iii) Total dividend on shares of type B = Total dividend on shares of type A = Rs.4000. (iv) Annual income from each share of type `"B"=("Total dividend for type B")/("Number of shares of type B")`. |
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