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Which of the following is/are true for t...

Which of the following is/are true for the statement 15%, Rs. 120 shares at Rs. 200' ?

A

Face value of each share is Rs. 120.

B

Market value of each share is Rs. 200.

C

Dividend from each share is Rs. 18.

D

All of these

Text Solution

Verified by Experts

The correct Answer is:
D
`FV= Rs. 120`
`MV= Rs. 200`
Rate of divident `=15 %`
Dividend from each share (in Rs.) `=15%` of `120=18`
All the given options are true.
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