Question

Diya invests ₹13,600 in a company paying 8% dividend per annum when its ₹120 shares can be bought for ₹170. Find her annual dividend.

PLEASE GIVE NICE ANSWER WITH FORMULA AND WHATS GIVEN AND I WILL GIVE YOU BRAINLIST.​

Answer 1

Answer = ₹768

Explanation—

Investment = ₹13,600

Rate of Dividend(ROD) = 8%

Face value(F.V.) = ₹120

Market value(M.V.) = ₹170

n = Investment/M.V.

n = 13600/170

n = 80

Annual Dividend = ₹(n*F.V.*ROD)/100

Annual Dividend = ₹(80*120*8)/100

Annual Dividend = ₹768

Answer 2

Answer:

Diya's annual dividend = ₹ 768

Step-by-step explanation:

Given :

Amount invested = ₹ 13,600

Face Value = ₹ 120

Market Value = ₹ 170

Rate of dividend = 8 % per annum

To find :

Annual dividend

Solution :

Dividend = Number of Shares × Face Value × Rate of dividend

$\sf{\underline{Number\:of\:Shares}= \dfrac{Sum \: Invested}{M.V. \: of \: 1 \: Share}}$

$\sf{\longrightarrow \: \dfrac{13600}{170}}$

$\sf{\longrightarrow \: 80}$

$\longrightarrow$ Number of Shares = 80

Dividend = Number of Shares × Face Value × Rate of dividend

$\longrightarrow \: 80 \: \times \: 120 \: \times \: \dfrac{8}{100}$

$\longrightarrow \: 768$

Dividend = ₹ 768

∴ Diya's annual dividend = ₹ 768