Question

find the dividend received on 60 shares of ₹20 each if 9% dividend is declared

Answer 1

Answer:

Total share - 60

Price of each share - ₹20/-

Price of 60 shares = 60*20 = ₹1200/-

% of dividend = 9%

So dividend = 9÷100*1200 = ₹108/-

Step-by-step explanation: