A company declared a semi-annual dividend of 12%. Find the annual dividend of Sam owing 2000 shares of the company having a par value of Rs. 10 each.
Options
A) 4000
B) 4200
C) 4400
D) 4800
E) 5000
semi-annual dividend = 10×12/100 = Rs.1.2   Total semi-annual dividend = 2000 × 1.2 = Rs.2400   Total annual dividend = 2 × Rs.2400 = Rs.4800   Answer is 4800.
<result>D</result>
A company declared a semi-annual dividend of 12%. Find the annual dividend of Sam owing 2000 shares of the company having a par value of Rs. 10 each.