You visited us 1 times! Enjoying our articles? Unlock Full Access!

What is the a...

Question

What is the amount of Dividend received per share of FV ₹20 on which the dividend declared is 7.5%?

₹15

No worries! We‘ve got your back. Try BYJU‘S free classes today!

₹1.5

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

₹0.15

No worries! We‘ve got your back. Try BYJU‘S free classes today!

₹1.25

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B ₹1.5
Dividend is a % of the FV of the share.
Dividend earned in this case per share = $\frac{7.5}{100} \times 20$ = ₹1.5

Suggest Corrections

Similar questions

R s 10

50 %

50

R s .10

R s . 25

30

R s . 10

50 %

50

10

25

30 %

9 %

F V R s 100

7.5 %

M V

R s 8400

Join BYJU'S Learning Program