Question

Arvind bought 4000 shares each of face value 10Arvind Barot 4000 shares each of face value rupees 10 at 14 rupees per share at the end of the year the company declared dividend of 16% calculate the amount invested by him the percentage yield on his outlay​

Answer 1

Answer:

Amount invested

14*4000=₹56000 ANSWER (1)

Now dividend declared was 16% on FB ₹10 each

Step-by-step explanation:

So Arvind gets

₹1.6 for every share or for each ₹14 invested

=(1.6/14)*100

=(16/140)*100

=400/35

11.428%

yield on outlay.