Percentage

Quantitative Aptitude (HAS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A company declares semiannual dividend of 6%. A man has 500 shares of NV Rs 25 each. Find his annual income.

Rs. 2500

Rs. 3000

Rs. 2000

Rs. 1500

Total NV of shares= Rs(25 $\times$ 500)= Rs 12500

Semiannual dividend = 6% of Rs 12500= $\dfrac{6}{100} \times 12500=Rs \: 750$

Therefore, his annual income= Rs (750 $\times$ 2)=Rs 1500

Hence, option 4 is the correct answer.