Question:
Ram got Rs. 1,500 as dividend from a company. What is the rate of interest given by the company?
(I) The dividend paid last year was 10%.
(II) Ram has 350 shares of Rs. 10 denomination.
Ram got Rs. 1,500 as dividend from a company. What is the rate of interest given by the company?
(I) The dividend paid last year was 10%.
(II) Ram has 350 shares of Rs. 10 denomination.
(I) The dividend paid last year was 10%.
(II) Ram has 350 shares of Rs. 10 denomination.
Updated On: Jul 29, 2024
- Statement I alone is sufficient to answer the question.
- Statement II alone is sufficient to answer the question.
- Both statements I and II together are necessary to answer the question.
- Both statements I and II together are not sufficient to answer the question.
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The Correct Option is B
Solution and Explanation
The correct option is (B): Statement II alone is sufficient to answer the question..
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