ECZ 2022 · GCE Paper 1 — Social and Commercial Arithmetic

A company declares an annual dividend of 6%. The value of each share is K25.00. Mr Mapesa has 500 shares. Find his annual dividend.

  • A. K750.00
  • B. K3 000.00
  • C. K12 500.00
  • D. K150.00

Verified working — step 1

Value of Mr Mapesa's shares = 500 × K25.00

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Original examination question © Examinations Council of Zambia. Worked solution and commentary © G12 Titan — not to be reproduced without permission.

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