Dividend is defined as the profit that the shareholder gets from his investment in the company. Dividend is always expressed as a percentage of nominal value of the share.
A man buys shares of nominal value ₹84 in a company, which pays 20% dividend. He buys the shares at such a price that his profit is 14% on his investment. At what price did he buy the shares?
A company 's shares has a nominal value of ₹ 180 and has a annual dividend of 15 % . If a man gets 10 % on his investment, find the price he paid for each share