Question

a company declares 8% dividend to the shareholders .If a man receives Rs 2840 as is dividend,find the nominal value of his shares.

Answer 1

Let nominal value of the shares = Rs x
8%of. x= Rs2840
8/100 * x=2840
x=(2840*100)/8
x=355*100
x=Rs35500
Therefore
Nominal value of shares =x=Rs35500

Answer 2

read it....

hope it is helpful.....

please mark it as brainlist.....

and please follow me.....