Question

A company with 10000 shares of
nominal value rs 100 declares an
annual dividend of 8 % to the share-holders.
(i) Calculate the total amount of
dividend paid by the company.
(ii)Ramesh had bought 90 shares of the company at rs 150 per share. calculate the dividend he receives and the percentage
return on his investment.

please answer it's urgent and explain in step by step​

Answer 1

Thus the dividend paid by the company 80,000  Rs and return is 5  1 / 3 %

Step-by-step explanation:

(i) Nominal value of 1 share = Rs. 100

Nominal value of 10,000 shares = Rs. 100 × 10,000 = Rs. 10,00,000

Dividend% = 8%

Dividend = 8% of Rs. 10,00,000 = (8/100) ×Rs.10,00,000 = Rs.80,000

(ii) Market value of 90 shares = Rs. 150 × 90 = Rs. 13,500

Nominal value of 90 shares = Rs. 100 × 90 = Rs. 9,000

Dividend = 8% of Rs. 9,000 = (8/100) ×Rs.9,000 = Rs.720

Return % = Income / Investment x 100

Return % = 720 / 13,500 x 100  = 5  1 / 3 %

Thus the dividend paid by the company 80,000  Rs and return is 5  1 / 3 %

Answer 2

Step-by-step explanation:

please mark me as an brainlist

number of share is 10000

NV is 100 per share

dividend is 8%

i 80000

ii 51/3 %