Find the annual income derived from 125, Rs 120 shares paying 5% dividend.

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Solution

No. of shares : 125
Nominal Value(N.V) : Rs.120
Div% : 5%
Formula:
= Dividend = No. of shares $\times D i v % \times N . V$
= Dividend = $125 \times \frac{5}{100} \times 120$
= Dividend = Rs.750

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Find the annual income derived from 125, Rs 120 shares paying 5% dividend.

No. of shares : 125 Nominal Value(N.V) : Rs.120 Div% : 5% Formula: = Dividend = No. of shares ×Div%×N.V = Dividend = 125×5100×120 = Dividend = Rs.750

No. of shares : 125
Nominal Value(N.V) : Rs.120
Div% : 5%
Formula:
= Dividend = No. of shares $\times D i v % \times N . V$
= Dividend = $125 \times \frac{5}{100} \times 120$
= Dividend = Rs.750