Question

a company with 3000 share of nomial value Rs 115 each declares an annual dividend of 12%
calculate the total amount paid by company
calculate annual income of Mayanak who holds 88 share
if he recive only 10% on his investment find Mayanak paid for each share​

Answer 1

Answer:

answer in the given photo

Answer 2

Answer:

total dividend paid by the company = 12 /100 × 115 × 3000

=Rs.41400

dividend received on 88 shares = 12 /100×115×88

=Rs.1214.40

let investment be x

10/100× x × 88 = 1214.40

8.8x=1214.40

x= 138