Question

A Company has issued 25000
shares of face value Rs. 100
each. If the total dividend
declared by company is Rs.
200000. Find the rate of
dividend paid by the company.
O 8%
O 0.01%
O 6%
O 6.5%​

Answer 1

Answer:

for example see this

Step-by-step explanation:

Look at the statement given below:

9% Rs 100 shares at Rs 120 means.

Face value (NV) of 1 share = Rs 100.

Market value (MV) of 1 share = Rs 120.

The dividend on a share is 9% of its face value = 9% of Rs 100 = Rs 9.

An investment of Rs 120 gives an annual income of Rs 9.