SATHEE: Quantitative Aptitude Ques 2411

Quantitative Aptitude Ques 2411

Question: A man invested Rs. 14400 in the Rs. 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year. then how much does he get as dividend? [FCI (Assistant) Grade III 2015]

Options:

A) Rs. 700

B) Rs. 750

C) Rs. 650

D) Rs. 600

Show Answer

Answer:

Correct Answer: C

Solution:

Cost of per share $ =Rs.( 100+100\times \frac{20}{100} ) $ $ =Rs.(100+20)=Rs.,120 $

$ \therefore $ Total number of shares $ =\frac{Total,amount,invested}{Cost,of,per,share} $ $ =\frac{14400}{120}=120 $ $ \because $ Share cost $ =120\times 100=Rs.,12000 $

$ \therefore $ Dividend amount $ =12000\times \frac{5}{100}=Rs.,600 $

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Quantitative Aptitude Ques 2411

Question: A man invested Rs. 14400 in the Rs. 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year. then how much does he get as dividend? [FCI (Assistant) Grade III 2015]

Options:

Answer:

Solution:

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