A man invested Rs. 14,400 in Rs. 100 shares of a company at 20 % premium . If the company declares 5% dividend at the end of the year , then how much does he get ?  Answers:
A) rs . 500 B) rs . 600 C) rs . 650 D) rs . 720 E) none

Rationale: "solution number of shares = ( 14400 / 120 ) = 120 . face value = rs . ( 100 x 120 ) = rs . 12000 . annual income = rs . ( 5 / 100 x 12000 ) = rs . 600 . answer b"
Answer: B