1
Question
A company with 15000 shares of Rs 100 each declares an annual dividend of 5%. What is the total dividend paid by the company?
A company with 15000 shares of Rs 100 each declares an annual dividend of 5%. What is the total dividend paid by the company?
Open in App
Solution
The correct option is C Rs 50000
Total face value = Rs 100 × 10000 = Rs 10,00,000
Total amount of dividend = 5% of Rs 10,00,000
5/100 × Rs 10,00,000= Rs 50000
Rs 50000
Total face value = Rs 100 × 10000 = Rs 10,00,000
Total amount of dividend = 5% of Rs 10,00,000
5/100 × Rs 10,00,000= Rs 50000
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
