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. 4000B. Rs. 3000C. Rs. 2000D. Rs. 1000

Mrs Pravallika has 100 shares worth Rs. 100 at a premium of Rs. 100. I

1.	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. 4000B. Rs. 3000C. Rs. 2000D. Rs. 1000
Answer» 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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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. 4000B. Rs. 3000C. Rs. 2000D. Rs. 1000

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