wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Arun owns 560 shares of a company. The face value of each shares is Rs. 25. The company declares a dividend of 9%. Calculate the dividend Arun would received.

Open in App
Solution

Arjun owns shares =560

Face value of 1 share =25

Dividend declared =9%

Dividend on 1 share =9100×25=94Rs.2.25

Dividend on 560 shares =Rs94×560=Rs1260.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Unitary Method
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon