A man invested Rs. 14,400 in 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 ?

A. 5440
B. 5480
C. 6440
D. 6480
Cost of Rs. 100 stock = Rs. (100-15)
Cost of Rs. 6400 stock = Rs. (85/100 * 6400 ) = Rs. 5440.

A. Rs. 48
B. Rs. 75
C. Rs. 96
D. Rs. 133.33
For an income of Rs. 8, investment = Rs. 100
For an income of Rs. 6, investment = Rs. 100/8 * 6 = Rs. 75.
Market value of Rs. 100 stock = Rs. 75.

A. Rs.22
B. Rs.22.50
C. Rs.25
D. Rs.22.50
Suppose he buys each be Rs. X.
Then, (25 x 9/100)=(X x 10/100) X= 22.50
Cost of each is Rs. 22.50.

A. Rs.48
B. Rs.75
C. Rs.96
D. Rs.133.33
For an income of Rs. 8,investments= Rs.100.
For an income of Rs. 6,investments= Rs.(100/8×6)
Market value of Rs.100 stock = Rs.75.

A. 7.5%
B. 8%
C. 9.7%
D. None of these
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = Rs (128/1552 x 97) = Rs. 8.
Therefore, Dividend = 8%.