ECZ 2024 · O-Level Paper 1 — Social and Commercial Arithmetic

A company declares a dividend of 8%. Mary owns 1 300 shares of value K75.00 each. How much dividend does she receive?

  • A. K97 500.00
  • B. K780.00
  • C. K7 800.00
  • D. K1 300.00

Verified working — step 1

Total value of shares = 1 300 × K75.00

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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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