Question

1 point
4) Find the total dividend at
10%on 340 shares of face value
Rs.100 each
O Rs. 4003
O O O
O Rs. 3004
Rs. 3040​

Answer 1

Answer:

option D is the correct answer for your question

Step-by-step explanation:

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Answer 2

Total dividend at 10% on 340 shares of face value Rs. 100 each is Rs. 3400 (option not available)

Given

Dividend payout percentage = 10%

Total number of shares = 340

Face value of a share = Rs.100

To Find

Total dividend paid

Solution

Total Dividend paid (D) = N × F × P where,

N = Total number of shares = 340

F = Face value of a share = Rs. 100

P = Dividend Payout percentage = 10% = $\frac{10}{100}$ = 0.1

∴ D = 340 × 100 × 0.1 = 3400

Hence the total dividend at 10% on 340 shares of face value Rs. 100 each is Rs. 3400