Question

Market value of a share is $Rs.60$. Par value is $Rs.50$. Premium is $10$%. Dividend is $12$%. What is dividend/share.

• A. $6$
• B. $8$
• C. $7$
• D. $5$

Answer 1

Answer: (A)

$6$

Dividend/share$=12$% of $50$
$=\frac{12}{100}\times 50=Rs.6$