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Which of the following can be concluded ...

Which of the following can be concluded from the information given below?
'Ajay bought, `12%` Rs.100 shares at Rs.120.

A

Dividend per share = Rs.12

B

Rate of return = `10%`

C

Both (a) and (b)

D

Neither (a) nor (b)

Text Solution

Verified by Experts

The correct Answer is:
C
From the given information, dividend rate `=12%`,
face value/share= Rs.100 and market value/share = Rs.120
`"Dividend"=12%("Rs."100)="Rs."12`
`therefore" Choice (a) can be concluded"`.
`"Rate of return"=(12)/(12)(100)%=10%`
Choice (b) can be concluded. Choice (c) follows.
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