a man invested rs . 14,400 in rs . 100 shares of a company at 20 % premium . if the company declares 7 % dividend at the end of the year , then how much does he get ?
solution number of shares = ( 14400 / 120 ) = 120 . face value = rs . ( 100 x 120 ) = rs . 12000 . annual income = rs . ( 7 / 100 x 12000 ) = rs . 840 . answer b
multiply(multiply(100, divide(add(add(multiply(const_10, const_1000), multiply(const_4, const_1000)), multiply(const_4, const_100)), add(100, multiply(100, divide(20, const_100))))), divide(7, const_100))