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What is the rate of dividend, if a dividend of Rupees 24 is received on 3 shares of face value Rupees 100 ?

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What is the rate of dividend, if a dividend of Rupees 24 is received on 3 shares of face value Rupees 100 ?
A. 0.06
B. 0.08
C. 0.12
D. 0.24
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Correct Answer - B
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