find the annual dividend received by nishita from 1200 preferred shares and 3000 common shares both of par value rs . 50 each if the dividend paid on preferred shares is 10 % and semi - annual dividend of 3 ½ % is declared on common shares .
total number of preferred shares = 1200 face value = rs . 50 dividend paid on preferred shares is 10 % dividend per share = 50 × 10 / 100 = rs . 5 total dividend = 1200 × 5 = 6000 total number of common shares = 3000 face value = rs . 50 semi - annual dividend of 3 ½ % is declared on common shares . semi - annual dividend per share = 50 × 7 / 2 × 100 = rs . 74 total semi - annual dividend = 7 / 4 × 3000 = rs . 5250 annual dividend = rs . 5250 × 2 = rs . 10500 total dividend on all all shares ( preferred and common ) = 6000 + 10500 = rs . 16500 answer is b .
add(add(divide(multiply(multiply(1200, 50), 10), const_100), divide(multiply(multiply(3000, 50), add(divide(const_1, const_2), 3)), const_100)), divide(multiply(multiply(3000, 50), add(divide(const_1, const_2), 3)), const_100))