Question

find the annual income from 35, rupees hundred shares paying 4.5%​

Answer 1

Answer:

Rs 157.5

Step-by-step explanation:

Number of shares (n) = 35

Face value (FV) = 100

Dividend % = 4.5 %

Annual income = n x dividend% of FV = 35 x 4.5% of 100 = 35 x 4.5/100 x 100 = 157.5