CUET Preparation Today
A owns 500 shares of Rs 10 each . Find A's income, if 14% dividend is declared on these shares in a certain year. |
₹750 ₹700 ₹800 ₹850 |
₹700 |
The correct answer is option (2) : ₹700 Dividend on one share of $₹10 =₹\left(\frac{14}{100}×10\right)$ ∴ A's income $=₹500×1.4=₹700$ |
