ECZ 2017 · GCE Paper 1 — Social and Commercial Arithmetic
Maphone Manufacturing Company paid a total dividend of K12 600.00 at the end of 2015 on 6 000 shares. If Magula owned 200 shares in the company, how much was paid out in dividends to her?
- A. K2.10
- B. K63.00
- C. K420.00
- D. K210.00
Verified working — step 1
Dividend per share = 12 600 ÷ 6 000 = K2.10. Magula's 200 shares earn 200 × 2.10 = …The full step-by-step working and final answer are included with Premium — checked against ECZ marking standards.
Original examination question © Examinations Council of Zambia. Worked solution and commentary © G12 Titan — not to be reproduced without permission.
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