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A company dec...

Question

A company declares dividends of 15% on Rs 100 shares which is quoted at Rs 140. If the company has Rs 12,600 Find:

i) What is the dividend?

ii) What is the rate of interest on the investment?

1350, 10.71%

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1350, 25%

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1200, 10.71%

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1200, 25%

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Solution

The correct option is A
1350, 10.71%

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Shubendhu owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of $9 %$ . Calculate:

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