dividend and profit

Submitted by asu2008 on Wed, 2008-04-23 00:05

Profit and Loss

I had purchased 100 shares of company XYZ for Rs. 115 each.
Before they could yield dividend, I sold all my shares. When the company announced their dividend, I came to know that I had made a profit of Rs. 200 by selling them with respect to the dividend I would have got. The dividend per share is 10% of the selling price of shares. What was my selling price per share?
a. Rs. 127
b. Rs. 130
c. Rs. 140.33
d. Rs. 137.5