Arun possesses 600 shares of ₹25 of a company. If the company announces a dividend of 8%, then Arun's annual income is

1. ₹48
2. ₹480
3. ₹600
4. ₹1200

A man invests ₹24000 on ₹60 shares at a discount of 20%. If the dividend declared by the company is 10%, then his annual income is

1. ₹3000
2. ₹2880
3. ₹1500
4. ₹1440

(i) Shares of company A, paying 12%, ₹ 100 shares are at ₹ 80.

(ii) Shares of company B, paying 12%, ₹ 100 shares are at ₹ 100.

(iii) Shares of company C, paying 12%, ₹ 100 shares are at ₹ 120.

Shares of which company are at premium ?

1. Company A

2. Company B

3. Company C

4. Company A and C

The sum invested to purchase 15 shares of a company of nominal value ₹ 75 available at a discount of 20% is:

1. ₹ 60

2. ₹ 90

3. ₹ 1350

4. ₹ 900