A. Rs. 500
B. Rs. 600
C. Rs. 650
D. Rs. 720
Number of shares= (14400 / 120) =120.
Face value=Rs.(100×120) =Rs.12000.
Annual Income= Rs.(5/100×12000) =Rs. 600.
Correct Answer: B. Rs. 600 ✔
Last Updated: October 07, 2019
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