ECZ 2025 · O-Level Paper 1 — Social and Commercial Arithmetic

A village banking cooperative for women declared a dividend at the end of a financial year. What was the dividend per share if Mrs Spencer, who owned 1 025 shares, received R2 050.00?

  • A. R2 050.00 per share
  • B. R1.00 per share
  • C. R0.50 per share
  • D. R2.00 per share

Verified working — step 1

Dividend per share = Total dividend received ÷ Number of shares

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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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