Find the rate of dividend paid by the company,If the total divided dec – McqOptions

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1.	Find the rate of dividend paid by the company,If the total divided declared by the company is Rs. 62500, a company issued 50000 shares of par value Rs. 10 each?
A.	17/2%
B.	12%
C.	25/2%
D.	55/4%
Answer» D. 55/4%

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