a man invested rs . 14400 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 ? Pick one:
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