A man invested Rs. 14,400 in Rs. 100 shares of a company at 20% premium. If his company declares 5% dividend at the end of the year, then how much does he get?  Choose the correct choice from the following answers.
A) 234  B) 600  C) 388  D) 278  E) 129

Rationale: "explanation : number of shares = = 120 . face value = rs . ( 100 x 120 ) = rs . 12000 . annual income = = rs . 600 answer : b ) rs . 600"
Answer: B