A sugar company paid K362 400.00 as dividend for 1 200 shares. A man had 20 shares in the company. Calculate the amount paid to him.

The company paid K362 400.00 for 1 200 shares. To find the dividend per share, divide the total dividend by the total number of shares.

$$\text{Dividend per share} = \frac{\text{Total dividend}}{\text{Total shares}}$$ $$\text{Dividend per share} = \frac{\text{K}362\,400.00}{1200 \text{ shares}}$$ $$\text{Dividend per share} = \text{K}302.00 \text{ per share}$$

The man had 20 shares. Multiply the dividend per share by the number of shares the man owns.

$$\text{Amount paid to man} = \text{Dividend per share} \times \text{Man's shares}$$ $$\text{Amount paid to man} = \text{K}302.00/\text{share} \times 20 \text{ shares}$$ $$\text{Amount paid to man} = \text{K}6040.00$$

The final answer is $\boxed{\text{K}6040.00}$.

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