A company with 1000 shares of RS 100 each , declares an annual dividend of 5%.
What is the total amount of dividend paid by the company?
What would be the annual income of a man who has 72 shares in the company ?
Answers
Answered by
5
Number of shares taken by the company=1000
Price of each share= Rs.100
Annual Dividend Percentage= 5%
Divided earned by one share= Rs.5
Total amount of dividend paid by company= Rs.5 × 100 = Rs.500
Number of shares purchased by a man from the company= 72
Annual income of the man= 72 × Rs.5 = Rs.360
Price of each share= Rs.100
Annual Dividend Percentage= 5%
Divided earned by one share= Rs.5
Total amount of dividend paid by company= Rs.5 × 100 = Rs.500
Number of shares purchased by a man from the company= 72
Annual income of the man= 72 × Rs.5 = Rs.360
Similar questions