John holds $100$ shares of face value Rs. $10$ each. The company declares a dividend of $20 %$ . Find his dividend.

100

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200

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300

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400

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Solution

The correct option is A $200$
Nominal value $=$ number of shares $\times$ face value
$= 100 \times 10 =$ Rs. $1000$
Dividend $=$ dividend $%$ $\times$ nominal value
$= \frac{20}{100} \times 1000 =$ Rs. $200$ .

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John holds 100 shares of face value Rs. 10 each. The company declares a dividend of 20%. Find his dividend.

The correct option is A 200Nominal value = number of shares × face value=100×10= Rs. 1000Dividend = dividend % × nominal value=20100×1000= Rs. 200.

John holds $100$ shares of face value Rs. $10$ each. The company declares a dividend of $20 %$ . Find his dividend.

The correct option is A $200$
Nominal value $=$ number of shares $\times$ face value
$= 100 \times 10 =$ Rs. $1000$
Dividend $=$ dividend $%$ $\times$ nominal value
$= \frac{20}{100} \times 1000 =$ Rs. $200$ .