Question

A man buys 80 shares of ₹100 each at ₹120 and receives a dividend of 12% at the end of the year. Find: (i) his total income from dividends, and (ii) his yield (percentage return) on investment.

A ₹520 and 25%
B ₹900 and 18%
C ₹960 and 10%
D ₹1060 and 15%
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