Question

2. Find the annual dividend on
(1) 450 shares with par value of 10 if the annual
dividend is 7.5%
(11) 50 Tata Mills 4% (6) shares at * 6.25,
(ili) 180 Shri Ram Fibres 7 %R 10) shares at 14.50.
2
(lv) 100 Hindustan Motors (10) shares at 8,
dividend 4% p.a.​

Answer 1

Answer:

Rs. 337.50

Step-by-step explanation:

NV of share = no. of shares * NV per share =450 * 10

= Rs. 4500

Annual dividend = NV of shares * Rate of dividend / 100

= 4500 * 7.5 /100

= 337.50