ECZ 2018 · O-Level Paper 1 — Social and Commercial Arithmetic

Floyd had 125 shares in a company. At the end of a financial year, the company declared a dividend of K3.00 per share. How much was due to Floyd?

Verified working — step 1

Dividend = number of shares × dividend per share

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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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