Question

A share with face value Rs. 100 and rate of dividend 7% has a market price of Rs. 237. If a person has 130 shares, the dividend that he will receive is.Option 1 None of theseOption 2 Rs. 2,156.7Option 3 Rs. 910Option 4 Rs. 1,659​

Answer 1

Answer:

so ve have add 100+237+130+2156.7+9100+1659 so answer is 13382.7

Answer 2

The received dividend by person is 910 and Option 3 is correct.

Step-by-step explanation:

Given:

The face value of  a share is Rs.100 and rate of dividend is 7%.Market price of share is  Rs. 237.

Person has 130 shares.

To Find:

The received dividend by person .

Formula Used:

Total amount of dividend = Number of shares x rate of dividend  ------------- formula no.01

Solution:

As given- The face value of  a share is Rs.100 . Market price of share is

Rs. 237.Person has 130 shares.

Face value of one share =Rs. 100

Number of shares =130

Face value of  130 shares = 100 x 130

                                            = Rs,13000

As given -  rate of dividend is 7%.

Applying the formula no. 01

Therefore total amount of dividend =  13000 x 7/100

                                                           = 910

Thus, The received dividend by person is 910  and option 3 is correct.